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V2281-14 5 September 2014 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · rendimiento neto del capital inmobiliario

Uncollectible rental income may be deducted by amending tax returns

A rural property owner enquired about deducting rental income from 2011 and 2012 that could not be collected. The DGT indicates that she may request an amendment to her 2013 tax return to apply this deduction.

The question raised

Method of regularizing their situation, as the amount of two unpaid annuities declared in the 2011, 2012, and 2013 tax periods remains pending deduction.

The DGT's ruling

Bad debt balances in real estate capital income are deductible if more than six months have elapsed since the first collection attempt without credit renewal. In this case, the deductibility of the 2011 and 2012 income became effective in the 2013 fiscal year. Therefore, the taxpayer may request the rectification of their 2013 tax return to include these amounts as a deductible expense.

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