IIS and tax deductions: how to apply for a deduction through the tax office personal account?

Applying for a tax deduction on an individual investment account (IIS) through the taxpayer's personal account is a fairly simple process that can be done entirely remotely. To do this, you do not need to personally visit a tax office or fill out paper declarations by hand. All document management takes place electronically using an enhanced unqualified electronic signature, which can be generated directly in the system in a couple of minutes.

To avoid typical mistakes when submitting an application and not to delay the process of receiving money, it is important to stick to the golden mean and avoid extremes. Do not overestimate your expectations regarding the timing of funds crediting, as a desk audit of the declaration can legally take up to three months. Be sure to leave financial room for a comfortable life, without directing absolutely all your free savings to the investment account, and track your progress with small milestones.

To successfully complete the deduction application procedure, you will need the following standard documents:

After sending the package of documents, all you have to do is wait for the end of the desk audit, the status of which will be displayed in your personal account. Usually, the audit takes from one to three months, after which the approved amount is transferred to your specified bank account within another ten business days. Regular status checks and timely correction of any comments from the tax inspector will help speed up the receipt of the money you are owed.