Last year I listed 120 CHF for IB, and 120 CHF for UBS (which was not really justified as no investments there) - but got accepted.
Perhaps they don’t care for my puny amounts.
6 In principle, only the administrative costs actually incurred and proven are deductible. Not only does the taxable person have the existence and amount of of the capital costs incurred, but also their property as deductible administrative costs (extraction costs).
7 In the case of capital costs relating to investments or securities deposits, which are fixed in their amount but in which a separation into deductible administrative costs (extraction costs) and in non-deductible investment costs is not possible or only at disproportionate expense, the assessment practice leaves a flat-rate deduction of a maximum of 3% of the market value of the investments in question as administrative costs, without requiring proof of their mining cost status. Thus, up to the limit of 3’ only the the existence of effectively incurred capital costs, but not the their deductibility in the sense described below Rz 3 above.
8 If the capital costs claimed for deduction are higher than 3% of the market value of the investments, then the taxable person must also prove the cost of obtaining those costs. If the proof does not succeed, then only costs up to 3" can be deducted.
The evidence submitted shows that the deductible administrative costs are less than 3% of the market value of the investment, only the effective administrative costs are deductible; in this case, it is necessary to take into account the actual circumstances, not the flat-rate limit.
Proof of the cost of extraction is required on the basis of appropriate documents
(contracts, regulations, settlements) from which, in addition to the scope,
also shows the nature, purpose and composition of the costs related to securities and capital assets.
looks like under 3%o we should not prove anything? (the first sentence in german is a little bit ambiguous…I think I will leave it without any deduction)
Is that so? So if they ask for justification, or simply ask me (I will not lie) I am not entitled to this 0.3%? That is news to me I am pretty sure my actual costs are a fraction of that…
I read the document provided by baltax and understood that no proof needed, then was told the same here so it quite confirmed my understanding. This is the first time I do this so can’t give feedback if it’s accepted (but I think it will)
Either you have transaction advices or ask the company/organization you donated to for a tax certification.
If you hand out 1000s of Franks to people on the street, you might simply not be able to deduct it due to no evidence presented.
I’m taxed at source. However I’m interested in filing a tax declaration mostly to get 3a money back. Now, I have lived in BS until January but currently living in ZH. I assume the tax declaration has to be filed with the ZH canton, even if refers to 2020 during which I lived in BS, is that correct?
Here is my contribution for people who want to filed their Tax declaration in the Canton of Vaud with VaudTax20 (I used a fake investment, though I will love to have that yet).
If you have VWRL:
First step: go to ICTax - Income & Capital Taxes (admin.ch) and filed how many position you have before each period of dividend like in the pictures. The website will calculate how much dividends you earned during 2020.
Then filed the “Valeur fiscale” on the 31st December 2020 and the distribution you receive. You will find this information on ICTax - Income & Capital Taxes (admin.ch)
First step: go to ICTax - Income & Capital Taxes (admin.ch) and filed how many position you have before each period of dividend like in the pictures. The website will calculate how much dividends you earned during 2020.
Then in VaudTax20, go to Etat des titres > Selection > Formulaire complémentaire R-US 164 et DA-1 > Imputation forfaitaire d’impôt (DA-1) > Actions and click on “Ajouter” then filed the information you need about VT.
Then filed the “Valeur fiscale” on the 31st December 2020 and the distribution you receive. You will find this information on ICTax - Income & Capital Taxes (admin.ch). Moreover, you have to select in which country there is the withowlding tax, here USA and you put 15% (as with IB you already filed the W8-BEN so you only need to claim 15%).
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