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V0961-16 10 March 2016 · SG de Tributación de las Operaciones Financieras Criterion in force
IRPF · base imponible

Unreduced pension scheme contributions may be carried forward for the following five tax years

A taxpayer inquired whether they could apply to their 2014 tax return contributions made by their spouse to pension schemes in previous years that could not be deducted. The Directorate General of Taxes (DGT) clarified that while contributions must be deducted in the year they are made, it is permissible to carry forward unreduced amounts to the following five tax years, subject to certain limits.

The question raised

Possibility of deducting, in the tax base of the Personal Income Tax return for the year 2014, the contributions corresponding to the spouse that were not deducted in previous fiscal years, subject to the limit of 2,000 euros.

The DGT's ruling

Amounts contributed to pension plans must be deducted in the fiscal year in which they are made, provided that the tax base and percentage limits are respected. If they cannot be deducted due to insufficient tax base or exceeding limits, they may be carried forward to the following five fiscal years. To this end, a request must be made in the tax return of the fiscal year in which the non-deducted contributions were made. When imputing excesses from previous years, the maximum annual reduction limits must be respected once again.

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