Field help:
Line 25 Losses from other receivables from investment
Enter here losses that you incurred according to line 25 of your tax statement and that were not previously subject to domestic tax deduction. These include
- losses from the total or partial uncollectibility of a capital claim,
- losses from the write-off of valueless assets,
- losses from the transfer of valueless assets to a third party, or
- losses from any other loss of assets within the meaning of section 20 para. 1 of the Income Tax Act (EStG).
These losses can only be offset against income from capital assets up to the amount of 20.000 Euro. Losses that have not been offset can be carried forward to subsequent years and offset against income from capital assets in the amount of 20.000 Euro each.
The bank might confirm the losses incurred due to the total or partial uncollectibility of a capital claim, which you can offset in the course of the assessment.
If you do not have a (tax) statement from your bank, the losses must be taken from the accounting documents of the bank/custodian. At the request of the tax office, the losses incurred must be proven by a (tax) statement or the accounting documents.
Please note: The loss offset according to sect. 20 para. 6 sentences 5 and 6 of the Income Tax Act (EStG) only takes place as part of the assessment process, i.e. it is not carried out by the custodian banks! Therefore, when submitting your income tax return, request that the corresponding losses be included in the assessment and fill out the Form KAP!
