This weekend, I started working on my tax declaration for Zurich Kanton and was able to fill in most of the sections, except for one. When completing the Wertschriften (securities) and Vermögen (wealth) sections, I wanted to report the cash in addition to the stocks I have in my Interactive Brokers account. However, I wasn’t sure where to include this cash.
Below I attach an image of the categories that can be selected in this section:
Should it be listed under Konto (account)? Since it is not a traditional bank account and doesn’t have an IBAN, I am unsure about the correct category for it.
How do you usually report cash like this (in a broker account) in your declarations? Any guidance would be much appreciated!
After still not having received my definitive tax bill for 2023, I called my local tax office and they told me they forwarded my tax declaration to the cantonal tax bureau (ZH), but weren’t able to tell me why, only that I didn’t do anything wrong and I might hear from the canton maybe around summer.
More complex tax declarations are commonly handled by the canton’s tax office, as far as I can tell, but I don’t know what the exact triggers are. I got the final 2023 tax calculation from the canton’s tax office (also ZH) a couple of weeks ago, about 1 year after submitting my tax declaration.
I image I’ll get the final bill without any explanation why, leaving me with uncertainty for the rest of my life if I really am the chosen one… just like Jesus!
As I understand it, simpler tax declarations are completely handled by the municipalities. The canton’s tax authorities supervise and support, and handle more complex tax declarations.
I’m trying to replicate this faciliated approach without entering every single transaction with the Zurich tax software. The problem is that as soon as I enter the ETF details, end-of year tax value, and number of shares, the software automatically calculates the dividend based on that share count. This results in an incorrect dividend because additional shares were purchased between the dividend issuance date and the end of the year.
By reading and partipating to this forum, you confirm you have read and agree with the disclaimer presented on http://www.mustachianpost.com/
En lisant et participant à ce forum, tu confirmes avoir lu et être d'accord avec l'avis de dégagement de responsabilité présenté sur http://www.mustachianpost.com/fr/
Durch das Lesen und die Teilnahme an diesem Forum bestätigst du, dass du den auf http://www.mustachianpost.com/de/ dargestellten Haftungsausschluss gelesen hast und damit einverstanden bist.
