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  #181  
Old 22.03.2021, 10:15
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Re: How to do your tax return Kt ZH

I actually have a question regarding Krippe. I received the paper from the Krippe about what I paid last year: can I deduct some or all of it, and if so, where?
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  #182  
Old 22.03.2021, 12:33
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Re: How to do your tax return Kt ZH

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No, I believe 601 is the total you pay for Krankenkasse, mandatory AND supplementary part included. It's usually in the paper you receive from the krankenkasse for tax returns.
On the other side the actual deduction (abzug) is the min between what you put and the one defined by the canton and federal institutions.
Thanks!
Yes, I think you're right. I did some more reading and it makes sense now.
For singles it's capped at 2600/1700 chf (in ZH), which is basically below the cheapest possible health insurance.
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  #183  
Old Today, 10:52
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Re: How to do your tax return Kt ZH

Hi guys,

I'm trying to fill out my Swiss tax declaration and I cannot find the right place where I should upload and describe the shares report from my wealth manager. I am using the web version of Private Tax (first image).

I am also wondering if I have to write down every position from the tax report separately (second image) into Private Tax, or can I somehow fill the summed value (called "Total Tax Value" in the picture) and that will be all?


First image:



Second image:
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  #184  
Old Today, 11:00
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Re: How to do your tax return Kt ZH

You need to specify each position and also the dates when you bought/sold/received dividends. The dividends are normally automatically found for most funds/stocks on the Wertschriftenverzeichnis but not on the DA-1 form (where you should report the dividends to get withholding taxes back).
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  #185  
Old Today, 11:46
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Re: How to do your tax return Kt ZH

With a Swiss tax report from a wealth manager, it shouldn't be necessary to enter the individual positions. Just add a single line of type "Steuerauszug/Depot" and specify the total tax value, total "Ertrag mit Verrechnungssteuer" (Dividends A or B, check the details on the tax report) and total "Ertrag ohne Verrechnungssteuer" (the other dividend type). And then attach the tax report.

If the portfolio includes positions where you can get withholding tax credits in Switzerland, an additional line is needed in DA-1. However, if that's the case, this split between regular "Wertschriftenverzeichnis" and DA-1 should already be obvious in the tax report.
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  #186  
Old Today, 12:12
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Re: How to do your tax return Kt ZH

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With a Swiss tax report from a wealth manager, it shouldn't be necessary to enter the individual positions. Just add a single line of type "Steuerauszug/Depot" and specify the total tax value, total "Ertrag mit Verrechnungssteuer" (Dividends A or B, check the details on the tax report) and total "Ertrag ohne Verrechnungssteuer" (the other dividend type). And then attach the tax report.
Not if you bought during the year, then you need to add every transaction and only if you upload the eSteuerauszug if your bank has sent you one. Which will then show all transactions.
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  #187  
Old Today, 12:34
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Re: How to do your tax return Kt ZH

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Not if you bought during the year, then you need to add every transaction and only if you upload the eSteuerauszug if your bank has sent you one. Which will then show all transactions.
No, in my experience, a single line for the tax report from wealth management is generally accepted. That's assuming the tax report fulfills the requirements of the tax authorities. Such a tax report typically lists all transactions, so all the information is there, but you don't have to enter the transactions manually. At least this was no problem up to 2019 in ZH. They might prefer eSteuerauszug but I'm not aware of a hard requirement for this.
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  #188  
Old Today, 13:01
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Re: How to do your tax return Kt ZH

Then you are lucky, I had to add all single transactions (Kt Zurich).
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  #189  
Old Today, 17:09
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Re: How to do your tax return Kt ZH

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No, in my experience, a single line for the tax report from wealth management is generally accepted. That's assuming the tax report fulfills the requirements of the tax authorities. Such a tax report typically lists all transactions, so all the information is there, but you don't have to enter the transactions manually. At least this was no problem up to 2019 in ZH. They might prefer eSteuerauszug but I'm not aware of a hard requirement for this.
Thanks for the info. Who was your wealth manager? Was that Interactive Brokers by any chance?
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  #190  
Old Today, 17:20
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Re: How to do your tax return Kt ZH

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Thanks for the info. Who was your wealth manager? Was that Interactive Brokers by any chance?
No, it was True Wealth, a Swiss robo advisor. I'm aware of three other Swiss institutions whose wealth management tax reports got accepted without issue either in ZH or AG. I'm not aware of any tax reports being rejected (except now from roegner), however, I'm not familiar with Swiss tax reports from foreign wealth managers.

I now invest with Interactive Brokers but as a regular execution-only broker without Swiss tax report, hence I now enter transactions manually (the number of transactions is much lower, though, so not really an issue).
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  #191  
Old Today, 17:30
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Re: How to do your tax return Kt ZH

In BS, my Swissquote tax report gets accepted. I split it into categories (taxed in CH, not yet taxed in CH), the tax office does the rest.
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