Why Students in Germany SHOULD submit a TAX RETURN!

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Күн бұрын

In this video I discuss Tax Return for Students in Germany
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In this video I discuss:
00:00 Tax Return for students in Germany
00:30 Tax Classes in Germany
01:45 Who has to file a Tax Return in Germany
04:00 Deadline for Tax Return in Germany
05:40 Who has to pay taxes in Germany
06:45 Tax Return in Germany explained
07:50 Example of Taxes in Germany
09:42 Tax Loss or Verlustvortrag for students in Germany
12:55 Documents needed to File a German Tax Return
14:30 What can Students claim in a German tax return
23:50 How to show Proof for a German tax Return
25:57 How to submit a tax return in Germany
28:03 How to use Elster to file a tax return in Germany
29:14 How to Maximize tax refund in Germany
#ahsanfinance #taxreturnstudents #studenttaxreturngermany
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Disclaimer: None of the content in this video is meant to be considered as investment advice, as I am not a financial expert and am only sharing my experience with stock investing. The information is based on my own research and is only accurate at the time of posting this video but may not be accurate in the future.

Пікірлер: 43

@alihasanjatoi Жыл бұрын

Keep creating informative videos. Your videos are really helpful. Since all this information available on authorities website in German language. You are making it easy to understand taxes, financial terms. Thank you

@ahsanfinance Жыл бұрын

Glad you like my content 😇

@MrAnindyabanerjee 9 ай бұрын

Hi Ahsan, Thank you for this great video! I just wanted to ask you if students could be eligible to claim the full amount for purchasing an iPad/tab (worth 700 Euro) for study purposes? would be super helpful

@ahsanfinance 9 ай бұрын

Hello, you can claim this amount if this is your primary device

@MrAnindyabanerjee 9 ай бұрын

@@ahsanfinancethank you for your response

@hamzakhalid2135 Жыл бұрын

Hello Ahsan, what do you mean by application cost? Do you mean the Workstudent/job applications?

@ahsanfinance Жыл бұрын

Hey Hamza, yes you are correct.

@gta52010 10 ай бұрын

Hi Ahsan, thanks for the video. Could let us know how to tax return once the master studies are completed and the visa have been changed to Blue card. Is there a possible way to apply for tax return once the master program have been completed. Share your information about it. Thank you.

@ahsanfinance 10 ай бұрын

There shouldn't be a problem in filing as a student for the years in which you were a Masters student. Just remember you can only submit up to 4 years in the past. Checkout my latest video for some additional tips

@treesathomas3217 Жыл бұрын

Hi Ahsan, Thanks for the video. I am preparing my tax return for 2019 where I paid 88 Euros as tax as a working student because of two jobs and working hours specified in the contract. but i earned around 6500 only which is less than Grundbeitrag .If I can show expenses over 1000 Euros is it possible that there is a carry forward or will i get only 88 Euros which I paid as tax in 2019?

@ahsanfinance Жыл бұрын

Hello Treesa, yes you can get a loss certificate if you have valid expenses. I highly suggest watching this video to get some additional info : kzfaq.info/get/bejne/q8ela9hksqjVgmw.html

@rashedrana9974 10 ай бұрын

Hi Ahsan, I am a student & currently I am doing full time time job on my semester break. Last month my brutto was €2100 and my tax was €150 & Social Security €452. My tax class is 1, so as a student I also have to pay social security and taxes? Note: I didn't cross the early income limit yet. I am really confused, it's okay or did they make any mistake.

@ahsanfinance 10 ай бұрын

Depending on your salary, you have to pay taxes and social contributions. You can apply for a tax return the following year where you can claim the complete income tax back or part of it depending on your expenses and oveall salary. But as I mentioned in the video, social contributions are not taxes and you will not get those back

@mahiuddinalkamal Жыл бұрын

I watch your videos regularly and plan to apply for a tax return. However, are you claiming the remittance money in the tax return? If so, then which app do you use?

@ahsanfinance Жыл бұрын

Here is a video on this topic if you are interested to learn more about it : kzfaq.info/get/bejne/hdWif7OoxM7NZ2w.html

@ashrulessb 9 ай бұрын

Im a doctor came to germany in 2022. Until I passed the necessary exams and got my university degree recognized I was a Praktikant in a German Hospital. I started working in March 2023. In what category should I file my taxes for 2022? Like what can I deduce?

@ahsanfinance 9 ай бұрын

For 2022, you should file as a Student. As far as deductions go you can deduct all study and work related expenses. Here is a video that might help: kzfaq.info/get/bejne/rM6Gdbmkx8m8eqM.html

@maheshpanday8792 11 ай бұрын

Hi, I have a doubt that suppose as a student I am earning 1500 euros per month and would like to buy macbook pro somewhere of around 2000 euros so first question can i show macbook in a study related expense then will i get whole 2000 euros deductable tax amount or somewhat else amount please clarify?

@ahsanfinance 11 ай бұрын

You will not get the whole 2000€ back. I have explained it here: kzfaq.info/get/bejne/q8ela9hksqjVgmw.html

@rohita.g.9940 Жыл бұрын

Hi Ahsan, I have a question. Currently i am using a very old laptop and now i am planning to buy the Macbook Air for my studies. My question is that, i have few family and friends who are living in the USA. So if i buy the laptop from the USA using my German Credit card will i be able to show under study expense?

@ahsanfinance Жыл бұрын

I am not 100% sure if this would be accepted. But one thing I can say with certainty, you would have to pay import duty on the Macbook air if you import it from the US.

@rohita.g.9940 Жыл бұрын

@@ahsanfinance I know people who are coming from the USA. Thats is why i wanted to keep this as an option.

@ahsanfinance Жыл бұрын

Even if your friends bring the new MacBook they would have to declare it and pay customs duty. If they don't declare it, you may have to pay the duty once you put it in the tax return. So overall the effort wont be worth it.

@souravbasak3958 Жыл бұрын

I am having blue card. if I purchase something and travel to India, can I get VAT return?

@ahsanfinance Жыл бұрын

No, vat return is only for tourists

@sheikhhaseeb2026 4 ай бұрын

I paid 10k euros per year in private university. Is it also claimable ? I didn’t hear this from anyone .

@faizan2200 Жыл бұрын

Do we have to apply for loss certificate separately ?

@ahsanfinance Жыл бұрын

No, after filing your tax return your tax assessment will have the loss details which you will have to put into the next years tax return

@syedshahnoorakamediabuyer3449 Жыл бұрын

Hello Ahsan! I really like your financial education content on KZfaq. As I’m also in Germany (Munich) and student and also from Karachi. So would love to meet you in person wherever you are in Germany and take some personal tips and tricks on how I can develop my financial knowledge and adopt growth mindset like yours. Please let me know about your location and availability so I can visit you in person. And of course Coffee on me. Thanks!

@ahsanfinance Жыл бұрын

Hey there, glad you like my content. You can always write a comment in a video and ill reply here 😇

@syedshahnoorakamediabuyer3449 Жыл бұрын

@@ahsanfinance I have also message you on the messenger

@reenufaanburaaj7737 Жыл бұрын

How much tax is for 1100 per month

@ahsanfinance Жыл бұрын

You can use this calculator to get the exact values: brutto-netto-rechner.info

@lakshaysharma9324 6 ай бұрын

Dear Ahsan , thank you for this informative video . I am a doing a working student job and i have earned 10815 Euro in 2023 and paid around 594 Euro tax in 2023 . Can i claim this tax as a student? i am pursuing masters.

@ahsanfinance 6 ай бұрын

Did you pay this amount as Income tax or any other social contribution?

@lakshaysharma9324 6 ай бұрын

@@ahsanfinance I paid this as a income tax . It's showing in my tax sheet .

@lakshaysharma9324 6 ай бұрын

It's from 1 May 2023 till 31 Dec 2023.

@ahsanfinance 6 ай бұрын

yes you can claim this amount, make sure to add all relevant expenses to increase the tax refund. This guide can further help you : ahsanfinance.com/how-to-file-a-tax-return-as-a-student-in-germany-2023/

@lakshaysharma9324 6 ай бұрын

@@ahsanfinance Thank you for such an informative article. Just last thing before I proceed with filing tax . As you mentioned show all relevant expenses. so can I show the receipt of my fees that I paid in 2023 around 6200 Euros?