If you do not want to claim the additional special expenditure deduction for a retirement provision policy, select "no" here.
What is the additional special expenses deduction?
You are entitled to the special expenses deduction if you live or habitually reside in Germany and belong to the beneficiary group. The special expenses deduction is an optional right and must be applied for here in the tax return. The special expenses deduction is only granted if it is more advantageous for you than the pension allowance claim. If this is the case, you will receive the additional tax reduction via your income tax return.
If you have not claimed the state bonuses and/or the special expenditure deduction according to section 10a Income Tax Act (EStG), the share of earnings in your retirement provision policy will be taxed. In this case, you will not receive any bonus and will not be able to claim the contributions made to the Riester contract for tax purposes.
