Steuerberater Düsseldorf für Rentner

When to file a tax return as a retiree?

Many retirees first learn about their obligation of filing a tax return by a letter of the tax authorities. This unsettles many. In no case you should ignore this letter. If you don’t file a tax return, in spite of multiple requests, the tax authorities are allowed to estimate your tax burden.

You only have a few more years to retire or are you already retired? Would you like to know whether you are required to file a tax return, how much you taxes you need to pay and what tax-saving options are in your favor? We’re here to help!

Our services for retirees

Classic tax advice

  • Preparation of German income tax return considering pension income and other kind of income
  • Filing of appeals and representation in tax court lawsuits
  • Communication with tax authorities

Special tax advice

  • Advice regarding taxation of foreign pension income
  • Advice on foreign residence and German pension
  • Application for unlimited tax liability when having a residence abroad

Good to know for retirees

Consequences of not filing a tax return

Anyone who has not filed a tax return, although he is legally obliged to do so, must expect unpleasant consequences. A non-levy is equivalent to a tax evasion. Therefore, you should immediately check whether you have to file a tax return.

Retirement pension as of 2019

If you have received your retirement pension in 2019 for the first time, already 78% of the retirement pension will be treated as taxable other income. Consequently, your retirement pension usually remains tax-free only to an amount of approximately 11.753 € (for spouses approximately 23.503 €).

Please not that if you have further income from other sources, the obligation to file a tax return can exist much earlier. In the event that your retirement pension exceeds the before mentioned amount or if you have other income sources, you should check whether you have an obligation to file a German tax return.

From our knowledge portal: Tax obligations for retirees abroad | Also interesting: Tax advice for individuals