Specify the source and type of regular payment. Briefly and clearly describe the reason for the recurring payments.

Examples:

• Annuity from transfer of house to daughter
• Private pension payment for renunciation of inheritance
• Lifetime payment under private agreement dated 15.03.2018
• Company pension payment from former employer

Enter here the total amount of payments you received in 2024.

Enter here all expenses related to this income.

You can deduct the following income-related expenses if they are directly related to the recurring payments:

• Tax consultancy fees, e.g. for preparing the tax return (proportionately)
• Legal or notary fees, only if they are related to the administration, enforcement or amendment of the agreement
• Postage, telephone, office supplies, e.g. for correspondence with contractual partners, tax advisors or the tax office
  
• Travel expenses for advisory meetings, e.g. at the tax office or notary appointments (at 0.30 Euro/km)
• Specialist literature, if purchased specifically for recording or managing the income.

If the recurring payments are subject to the partial income procedure (TEV), select "yes".

The TEV applies to recurring payments only if all the following conditions are met:

• You hold at least 25% of the shares in a corporation or at least 1% and are also employed by the company,
• and the recurring payments are directly related to this shareholding, e.g. a private pension commitment that does not fall under company pension schemes.

The TEV does not apply to:

• Private annuities from house or farm transfers
• Payments due to renunciation of inheritance or compulsory portion
• Pension payments not related to a shareholding in a corporation