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Old 19.01.2016, 17:14
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Quellen steuer loan interest deduction

Hi,


I'm taxed at source (quellen steuer) and took out a loan, is it possible to get the interest on the loan deducted ? and how should I go about it ?


Thanks
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Old 19.01.2016, 17:20
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Re: Quellen steuer loan interest deduction

Depends on what kind of loan to start with. For a house/an apartment?
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Old 19.01.2016, 17:24
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Re: Quellen steuer loan interest deduction

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Hi,


I'm taxed at source (quellen steuer) and took out a loan, is it possible to get the interest on the loan deducted ? and how should I go about it ?


Thanks
Ask for a tax return. Fill in the tax return. Perhaps receive a shock when you pay more tax than you would if you hadn't asked for a tax return.
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Old 19.01.2016, 17:41
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Re: Quellen steuer loan interest deduction

If you earn more than 120k you'll be filling in a tax return anyway. Any interest payments you can list and they're tax deductible.

Or as someone said, ask proactively to fill one in......but once you've done it once, you need to do it every yr
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Old 19.01.2016, 18:20
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Re: Quellen steuer loan interest deduction

In my opinion and experience, no need for a complete tax return.
Just download the Antrag auf Neuveranlagung der Quellensteuer https://www.steueramt.zh.ch/dam/fina...ng_2016_v3.pdf (you are in kanton Zürich right?)

You can deduct the Schuldzinsen (you will need to attach an original statement from the bank or from whoever loaned the money)
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Old 19.01.2016, 18:35
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Re: Quellen steuer loan interest deduction

Thanks Gabri87


I live in Zurich and it is a personal loan
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Old 19.01.2016, 18:38
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Re: Quellen steuer loan interest deduction

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I live in Zurich and it is a personal loan
That's exactly what you need then. (Schuldzinsen - Konsumkredit)
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