Modello 730

Deductible expenses from 730/2024 that make you pay less taxes, find out what they are

When we talk about tax returns, whether presented with form 730 or with income form, and how to lower the tax due, we always think about deductions and almost never about deductions.
But deductible expenses, despite having a different effect, have a fundamental role for the taxpayer because they manage not only to lower the tax, but also to ensure that they do not slip into the next income bracket which provides for the application of a higher rate.
There is a clear difference between deductions and deductions, although both are intended to make you pay less tax.
Deductions are configured as a discount on the tax due and already calculated, while deductions take effect before the tax itself is calculated.
The expenses that can be deducted result in a percentage discount on the Irpef that must be paid: think of medical expenses for which a 19% Irpef deduction is due, for example.
In this case, if you have to pay 9,000 euros of Irpef and are entitled to a medical expense deduction of 800 euros, the tax due is lowered to 8,200 euros.
Deductible expenses act differently, however, by reducing the taxable income on which the tax itself is calculated.
It is therefore always a question of tax reduction but the effects are different.
Because the deductions could lead, if high, to a total reduction in taxable income, eliminating the tax due.
read also Tax deduction and deduction: what are the differences? Deductible expenses Deductions from 730/2024 Social security and welfare contributions Supplementary pension contributions Periodic allowance paid to the spouse Contributions for domestic service workers Contributions to religious institutions Medical expenses and specific assistance for the disabled Contributions to the SSN supplementary funds Contributions to non-governmental organizations ( NGO) Deductible donations International adoption deduction Deductions from 730/2024 The deductible costs are different but it is important to clarify that each type of legal form is entitled to different amounts of deductions.
Only VAT holders with a flat rate regime, just as they are not entitled to deductions, are not entitled to deductions either.
In this article we will limit ourselves to listing the expenses that are deductible from 730, i.e.
those expenses that can be deducted by employees, para-subordinate workers, collaborators and pensioners or by those who have income from agricultural land, buildings or capital.
This is because for VAT numbers and for professionals the deductible costs also depend on the activity carried out.
read also Model 730/2024, the "tricks" to pay less income taxes Social security and welfare contributions Social security and welfare contributions are fully deductible from income and without limitation.
Obviously the deduction is up to the amount of the income itself: if the expense incurred is greater than the overall income, there will be a maximum deduction equal to the overall income itself.
The deduction is also valid for expenses incurred for social security and welfare contributions paid in the interest of family members who are fiscally dependent.
The following are included in the deduction: any voluntary contributions; redemption contributions (also Graduation redemption); social security contributions paid to the Separate Management of INPS but only for the part left to be paid by the taxpayer; unified agricultural contributions paid to INPS – former SCAU management – to establish one's social security and welfare position; contributions from reunification; Inail housewives insurance; contributions paid by the surviving spouse to the deceased spouse in order to benefit from the reversibility pension.
Supplementary pension contributions It is also possible to deduct the contributions paid in the forms of supplementary pension, the so-called pension funds.
But for an amount not exceeding 5,164.57 euros per year.
It is also possible to deduct the contributions paid to the pension funds for fiscally dependent family members.
Periodic allowance paid to the spouse It is possible to fully deduct from your income the periodic allowances paid to your ex-spouse following separation or divorce.
The deduction is due in an amount equal to that provided for by the provision of the judicial authority of separation or divorce.
The deduction is only for the amount of maintenance paid to the ex-spouse and not for the child maintenance allowance.
If in the provision the amount for the maintenance of the former spouse and children is indicated as a single sum, only 50% of the amount must be considered as a deduction and this regardless of the number of children.
If the Court has not ordered maintenance to the ex-spouse but you pay it voluntarily, it is not possible to deduct it.
Contributions for domestic service workers It is also possible to deduct from income the social security and welfare contributions paid for domestic workers and personal assistants (housekeepers, drivers, gardeners, carers, babysitters, etc…) up to the maximum limit of 1,549.37 euros per year.
The deduction is made by applying the cash principle and quarterly accruals are not taken into account.
Contributions to religious institutions Donations in cash to religious institutions are deductible from your overall income up to a maximum amount of 1,032.91 euros.
These payments must be documented with a postal or bank payment receipt.
Furthermore, the liberal nature of the payment must be identified from the documentation and must therefore be clearly expressed on the reason for the same.
Medical expenses and specific assistance for disabled people General medical expenses or specific assistance incurred by severely disabled people or those with permanent disabilities or impairments can be fully deducted from income.
These expenses are deductible even if incurred for a tax-dependent family member.
This includes the costs of specific assistance provided by qualified personnel or authorized personnel.
Contributions to SSN supplementary funds Another expense deductible from overall income is that incurred for contributions paid to supplementary health funds.
In this case the annual limit cannot be higher than 3,615.20 euros.
These are additions to the NHS where you pay, for example, for health insurance that covers the costs of medical and specialist care provided by accredited professionals and structures.
Contributions to non-governmental organizations (NGOs) It is possible to deduct, within the limit of 2% of the total income, donations made to non-governmental organizations recognized as suitable for cooperation with developing countries.
If these organizations have maintained their non-profit status, it is possible to deduct the payments in question as an alternative to the deduction.
The payment must be documented with a bank or postal receipt.
Deductible donations There are many donations for which the deduction is due from the total income.
We list some of them by way of example: Donations to some recognized foundations and associations; Donations to university and public research bodies, as well as regional and national park bodies; Donations, donations and other gratuitous acts in favor of trusts or special funds; Donations to non-profit organisations, voluntary organizations and APS.
International adoption deduction The Tuir specifies that future parents can deduct 50% of the expenses incurred for international adoption from their taxable income.
The expenses included in the deduction are those relating to: assistance received by future parents; legalization and translation of documents; the request for any visas; voyage; stay; membership fee with the authorized body; documented expenses aimed at adoption.
The expenses incurred for post-adoption reports can also be deducted if the country of origin of the minor, according to the stipulated agreements, provides that the parents are required to allow checks after the adoption.
The deduction is also valid if the adoption procedure is interrupted for reasons beyond the control of the future parents.
For deductibility, the cash principle applies.

Author: A.W.M.

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