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Old 31.08.2017, 19:38
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Wollerau, Schwyz allowable tax deductions

Hello there,

I'm moving to Wollerau, Schwyz in about a month and have been trying to research allowable tax deductions tonno avail.

Are tax deductions done at the municipal level: Wollerau, or cantonal level: Schwyz?

Would anyone share a link to a webpage with comprehensive information on personal income tax deductions for the municipality and/or canton?

Would anyone know anything more specifically about deductions for providing financial support to others? Parents, siblings, brother in law, nephews?

Thank you kindly
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Old 31.08.2017, 20:00
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Re: Wollerau, Schwyz allowable tax deductions

Just put down as much as you can where you can document your claim.

If the tax people don't like it they will cancel that part of the claim only: it isn't a crime to claim for anything you can document with receipts or contracts.

The rules are very similar in all the 4 K/Cantons I have lived in, it's just the amount of relief might differ. You make one tax return, and this covers federal, canton and municipal taxes.

If you have to ask these questions, I strongly recommend, at least for the first year, to ask an expert to help you fill out the form. With luck you can find a tax office employee who earns CHF 100 to 200 by completing the form for you.
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Old 31.08.2017, 20:09
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Re: Wollerau, Schwyz allowable tax deductions

I already took a tax consultation in Basel where I'm currently living and asked about Wollerau and unfortunately I knew more than the tax advisor so it wasn't helpful.

One useful piece of information I got was that certain cantons are very specific on financial support for people. Not just on who they are but also on the amount you give them. It seemed odd but I was told certain cantons only consider it a taxable deduction if it's a specific amount. Seems more rational to know the facts on the topic so I can optimise what I give them to ensure it's actually considered tax deductible.
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Old 31.08.2017, 20:17
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Re: Wollerau, Schwyz allowable tax deductions

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Are tax deductions done at the municipal level: Wollerau, or cantonal level: Schwyz?

Would anyone share a link to a webpage with comprehensive information on personal income tax deductions for the municipality and/or canton?

Would anyone know anything more specifically about deductions for providing financial support to others? Parents, siblings, brother in law, nephews?
Tax is cantonal.

Official and comprehensive info for Canton Schwyz:
https://www.sz.ch/privatpersonen/ste...-445-3489-3379
https://www.sz.ch/privatpersonen/ste...3489-3376-4601
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Old 31.08.2017, 21:57
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Re: Wollerau, Schwyz allowable tax deductions

Thanks for the links. I'd already come across them but unfortunately I couldn't find anything in them on the topic of giving financial aid to others and deducting it as tax. I am giving it a thorough read for other details of tax deductions.

Anyone have experience they can share of financially supporting others (not alimony or child support) and deducting it in tax returns in Schwyz? Or can you point me in the right directions?

I'll try to contact the canton finance/tax department directly to enquire and if I make any progress I'll share it.
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Old 31.08.2017, 22:06
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Re: Wollerau, Schwyz allowable tax deductions

Wegleitung page 26
Quote:
Unterstützungsabzug

Bei der direkten Bundessteuer kann der Unterstützungsabzug für jede erwerbsunfähige oder beschränkt erwerbsfähige Person geltend gemacht werden, sofern die Steuerpflichtigen mindestens in der Höhe des Abzuges von CHF 6'500.– an deren Unterhalt beitragen. Bei Alimentenzahlungen an volljährige Kinder in Ausbildung steht dem Alimenten leistenden der Kinderabzug zu. Die Bedürftigkeit ist auszuweisen und Kopien der Zahlungsbelege sind beizulegen
Such deductions (in Canton Schwyz) are only possible for the federal tax part. You have to contribute at least CHF 6500, you can only deduct CHF 6500. You must show and proof that there is a need for financial support.
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Old 31.08.2017, 22:20
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Re: Wollerau, Schwyz allowable tax deductions

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Anyone have experience they can share of financially supporting others (not alimony or child support) and deducting it in tax returns in Schwyz? Or can you point me in the right directions?

I'll try to contact the canton finance/tax department directly to enquire and if I make any progress I'll share it.
We supported the ILs, although they were living in their home and then in a care facility in the US. We asked if deductions were possible, the answer was no.

I have a vague memory, but nothing more, that the answer might have been different had the ILs been living with us in Switzerland. Perhaps individual circumstances might play a part, you should ask the Schwyzer Steueramt.

The folks at the SZ Steueramt are quite approachable and helpful. It might be wise to be prepared to hold the conversation in German.
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