This is how you can get up to 750 Euros back from the tax office

The deadline for the 2019 income tax adjustment expires at the end of 2024. After the maximum period of five years, no refund is possible. The average refund amount is around 750 euros, which more than justifies the effort of submission, as finanz.at reports.

Easy Submission via FinanzOnline

The employee assessment can be conveniently submitted via FinanzOnline or using form L1 at the tax office. FinanzOnline allows you to calculate in advance whether and to what extent a tax refund is expected.

Since 2017, the tax office has been carrying out an automatic employee assessment (AANV) if no separate application was submitted by July 1 of the following year. However, this only takes into account the data available to the tax office, leaving many deductible items unconsidered. The average refund amount for the AANV is 467 euros, significantly lower than that of self-submitted applications.

Subsequent Correction Possible in Employee Assessment

Anyone who has already received an automatic assessment for 2019 can have it corrected by their own application until the end of 2024. Additional deductible items such as advertising costs, extraordinary burdens and special expenses can be claimed.

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