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V1501-21 ·21 May 2021 ·consulta-vinculante Medium impact
Tax

Full deduction of early mortgage repayments is possible if made while the property remains a primary residence

The inquirer asks whether they can deduct an entire early mortgage repayment in the year they cease living in their home. The Directorate-General for Tax (DGT) responds that all amounts paid in 2022 may be deducted, provided they are paid while the property maintains its status as a primary residence.

In 6 key points

Lifecycle

2021-05-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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