Field help:
Line 16 Saver's allowance
Enter the saver's allowance claimed according to line 16 of the current annual tax statement from your bank.
The saver’s allowance is a tax-free maximum amount for capital gains such as interest, dividends, or capital gains. For the tax year 2024, it is:
- 1.000 Euro for individual assessment
- 2.000 Euro for joint assessment of spouses or civil partners (sect. 20 para. 9 of the Income Tax Act (EStG))
The bank automatically applies this allowance if you have provided an exemption order. The actual amount credited is shown in line 16 of the respective tax statement.
Example: You have given Bank A an exemption order for 800 Euro. The annual tax statement from this bank shows an amount of 800 Euro in line 16. Enter exactly this amount.
If no exemption order was in place at this bank, enter "0 Euro". The unused part of the saver’s allowance can potentially be credited in the income tax assessment.
