Field help: Explanation

Information about buildings for which increased depreciation is claimed in accordance with sections 7h or 7i of the Income Tax Act (EStG) is required in the "Explanation" field. These regulations apply to renovations in redevelopment areas, urban development areas or listed buildings.

Required information:

• Acquisition costs: Total costs of the building and the renovation.
• Renovation costs: Amount of eligible modernisation or maintenance expenses.
• Depreciation: Increased depreciation, for example, 9% annually over 10 years (sections 7h or 7i of the Income Tax Act (EStG)).
• Approval: Confirmation from the relevant authority of the subsidised measures.