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Field help: Profits are determined according to

Select how the profit calculation for your self-employment will be carried out:

  • Net income method (EÜR, sect. 4 para. 3 of the Income Tax Act (EStG)): The profit is determined by comparing income and expenses. This method is suitable for smaller companies.
  • Accounting (sect. 4 para. 1 or 5 of the Income Tax Act (EStG)): Requires an inventory and the preparation of a balance sheet and a profit and loss statement at the end of the year.

For each self-employed activity, the balance sheet or EÜR must be submitted electronically.

Exception: Employees and the elderly who are not required to submit their tax returns electronically and who receive expense allowances for volunteer work up to the volunteer allowance (840 Euro) or the trainer allowance (3.000 Euro) can use paper forms.