A tax return can be profitable for students. When does it make sense and what can be deducted?
(Photo: Imago)
Frankfurt School is over, now adult life begins with driving, studying at the university – and the first tax return. This is definitely true for the second degree. In the first degree, those who are mostly sponsored by their parents can save themselves the tax return.
“The only exception is for students who already have their own income,” says Erich Nöll, Managing Director of the Federal Association of Income Tax Assistance Associations (BVL). The same applies to those who work for more than one employer, i.e. are assessed in tax class VI.
So if you work during your studies and earn a certain amount as a result, you will have to submit your tax return for the 2022 tax year. But which regulations apply to this – and how can students save on taxes?
In the following text on the student tax return, you can read about who can deduct which tuition fees, what falls under the special expenses, where the difference is between the first and second degree and what needs to be considered when it comes to child benefit for students.
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web and in our app.
Further