Field help:
Select "Yes" if you sold or exchanged anything from your private assets in 2024 and made profits or losses. In the tax return, this is referred to as private sales transactions.
This particularly applies to:
- Properties or land that you sold within 10 years of purchase. (Note: Owner-occupied properties may be tax-free)
- Cryptocurrencies such as Bitcoin, Ethereum, Solana, etc., if you sold or exchanged them for other coins or euros within 12 months of purchase
- Other assets, e.g. gold, art, antiques, classic cars, or gemstones, if you sold them within one year
- Company shares, e.g. shares in GmbHs or other companies, if a taxable profit was made on the sale
- Losses incurred from such sales if the purchase and sale were within the specified periods
Important:
- An exchange is also considered a sale for tax purposes – e.g. Bitcoin for Ethereum or euros.
- Profits from private sales transactions are tax-free if they are less than 1.000 Euro. For married couples, this allowance applies separately to each person.
- Even in the case of losses, you must select "Yes" if they are to be considered for tax purposes.
- If you have inherited or been given something, the original purchase date of the person from whom you received it applies.
Special cases: A taxable sales transaction may exist even without a classic sale, e.g. if:
- an item was transferred from business assets to private assets,
- in the event of a business closure or conversion (e.g. GmbH to sole proprietorship),
- something was sold before it was legally acquired.
If in doubt, please seek tax advice.