Hey everyone, I’ve been more of a lurker in this forum, usually soaking up everyone’s wisdom as I have no formal financial education.
Our situation is: 40s professional couple, both working part time, living pretty unconventionally with a very high savings rate. TL;DR the tax office thinks our wealth grew too much compared to our taxable income in 2019 and we are finding difficult to explain it in a plausible way.
We always have our taxes done by a Steuerberaterin for a small fee, and used to just sign the dotted line and pay whatever tax bill was sent to us.
So after scrutinizing our tax declaration, we realised she put in deductions that were far higher than what we actually spent: 12000 for Health Insurance (we paid 6000 for the cheapest one), 5000 each for Berufsauslagen (we paid practically nothing) and so on.
So the income we were left with to save money and invest was far higher than what the tax office sees as plausible and they believe we are hiding something.
Now, my question to you: is what our Steuerberaterin did even legal? We signed the tax declaration without paying any attention (most of this stuff still goes over our heads…), are we now in trouble?
ANY insights welcome and gratefully accepted, also recommendations for a clever Steuerberater in Zurich who will not frown at our numbers and know his way around what is needed from our IB account.
Thanks so much! Susanna