Information for the 2023 Income Tax Return

a) Personal information

• Confirm your usual address.
• If you have changed your habitual residence during 2023, complete details of the new home (address, postal code and cadastral reference).
• If you renewed your DNI in 2023, provide a copy on both sides.

b) Variations in personal circumstances produced in 2023

• Children born in 2023: The declarants’ day, month and year of birth must be reported.
• Children adopted or in foster care: the date such circumstance occurs.
• Report any other variations in your family circumstances (e.g. dependents, disability, etc.)
• Large family
• Inform if, in 2023, you have ceased to be a resident.

c) Work income and pensions.

• Certificate issued by the company or by Social Security.
• If you have received income from work from abroad, details of the amount, any possible taxes they may have borne abroad, and a document proving their payment.
• If you want to benefit from the exemption from article 7p of income for work carried out abroad, identify the total number of days of travel, as well as whether the income received corresponds exclusively to said work.
• Detail of compensatory pensions paid to ex-spouses and alimony.

d) Contributions to professional associations.

• In the case of mandatory membership, an entity issues a certificate that certifies the amounts paid.

e) Pension Plans.

• Detail of the contributions made in 2023.
• Detail of the rescues carried out in 2023.

f) Real Estate.

• For own use: Photocopies of real estate tax receipts and mortgage receipts. The declaration form requests the cadastral references and the identification number of the mortgage loan if one exists.
• Rented property properties: List the income for each home and premises separately. Provide detailed supporting documents (invoice, receipt, etc.) for all expenses related to said rented property.
• In the case of the rental of premises, what is the amount of the personal income tax withholdings that have been made on them?

In all cases, if a property was acquired in 2023, indicate its origin (purchase/inheritance/donation) and provide a copy of the documentation proving the acquisition (deed).

g) Income from economic activities (if you are not a client of the firm)

• PROFESSIONALS:
  1. Detail of Income and Expenses with invoices (record books).
  2. Amount of withholdings that have been made.
  3. Investments in Assets (photocopy of the invoice).
  4. Examples of instalment payments (Form 130).
  5. Photocopy VAT Summary declaration (Form 390).
  6. Expenses in medical mutual insurance.
  7. Business contributions to pension plans are allocated in favour of workers.
  8. Employees hired in 2023.
• INDIVIDUAL ENTREPRENEURS:
  1. Settlements of installment payments (Forms 130 or 131).
  2. Relationship of income and expenses with invoice.
  3. Investments in Assets (photocopies of invoices).
  4. Photocopy VAT Summary declaration (Form 390).
  5. Expenses in medical mutual insurance.
  6. Business contributions to pension plans are charged in favour of workers.
  7. If they are in objective estimation, detail the units as of 12/31/23 to update the modules (KWS consumed, salaried personnel, etc.).
  8. Employees hired in 2023.

h) Income from movable capital.

• Certificates or tax reports issued by financial entities, brokers, platforms, exchanges or other agents.
• Any other documentation accrediting the receipt of specific types of capital gains such as dividends, interests, etc., as well as any withholdings made on them, is necessary.
• If it was obtained abroad and has already been taxed, a document proving the payment of the tax abroad.

i) Capital Gains and Losses

• Transfer of Values. Documents that prove the date of acquisition, the value of the securities transferred, and the date and amount of sale. Note that:
  • In the case of sales of securities admitted to trading, we need to know, if applicable, the value for equity purposes as of 12/31/2005.
  • In the case of sales of shares whose titles are not listed on the Stock Exchange, you must provide us with the theoretical value of the shares resulting from the last approved balance sheet and the value resulting from capitalizing at the rate of 20% the average of the results of the three fiscal years closed before the date of tax accrual.
• Movements and reimbursements of Investment Funds (supported withholdings).
• Estate. Deed of purchase, other expenses related to it, deed of sale, and costs (“municipal capital gains” and notary) related to it.
• Detail of sales of subscription rights.
• Detail of operations carried out in cryptocurrencies. In the case of their purchase and sale, remember that this generates a possible capital gain or loss to be declared. If you have many operations, use specific software that calculates the capital above gains or losses (e.g., CoinTracking).
• Any other documentation proving the obtaining of capital gains or losses.

j) Subsidies

• Inform your advisor if you received any subsidies during the 2023 financial year. Special attention is paid to those obtained for housing or vehicle renewal (PIVE Plan), etc., and they are taxed in personal income tax.

k) Donations to non-profit entities, political parties or unions

• A certificate was issued by the entity to which it was carried out.

l) Investments in newly created companies

• Inform about the details of said investment. Provide a notarial deed of acquisition of the shares or participations.

m) Deduction for habitual residence

• For taxpayers applying said deduction before 2013, documentation proves the payments made in 2023 for said acquisition (generally, this information is provided by your bank).

n) Rehabilitation of the habitual residence.

Supporting documentation (preferably invoice) of the amounts allocated to rehabilitating the home that constitutes or will constitute your habitual residence.

Taxpayers in which any of the following circumstances occur must declare:

• Your tax amount is payable after applying the appropriate bonuses or reductions. The tax base establishes an exempt minimum of €500,000, and the habitual residence will be exempt up to €300,000.
• When, without the previous circumstance (negative declaration), the value of your assets or rights, determined by the tax regulations, is more significant than €2,000,000.
• In cases of absolute obligation to contribute (non-residents not belonging to the EU), the minimum exempt amount in the tax base will be €700,000. Charges and encumbrances that affect assets and rights that reside in Spanish territory or can be exercised or fulfilled therein will be deductible, as will debts for capital invested in the indicated assets.

Remember that in order to prepare the declaration, you must provide a list of all the assets, rights, and debts in which you have some type of ownership as of December 31, 2023. Your advisor will indicate the necessary documentation for the declaration. Please note that the deadline for the declaration is [specific date]. By way of example only:

• Position certificates issued by financial entities.
• Estate. If you already made the declaration with us in 2022, it will be enough to provide information on the acquisitions made in 2023. Otherwise, we will need you to provide us with the list of properties in which you hold some type of ownership, indicating the date and amount of acquisition (including expenses necessary for the purchase such as taxes paid, lawyers, notaries, etc.), percentage of ownership, address, and cadastral reference. Preferably, the property acquisition deeds should be sent.
• Securities in unlisted companies. Preferably, a certificate should be issued for their value in Wealth Tax. Alternatively, a balance sheet as of December 31, 2022, and the company’s results in 2020, 2021 and 2022.
• Balances in cryptocurrencies, with their equivalent value in euros as of December 31, 2023, and investments made in Blockchain products.