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Form 100. Personal Income Tax Return 2024

Examples of completion

Example

A taxpayer owns 50% of an urban property located at 14 Sorolla Street, 4 IZ.

The property was acquired for valuable consideration on 01/01/2000.

The total purchase price is 280,000 euros.

The property tax receipt, which amounts to 600 euros, contains the following information: cadastral reference 000000000000000050YL, cadastral value of the construction 40,000 euros and cadastral value of the land 60,000 euros.

On 01/01/2020, the property was rented, for use as a habitual residence, to taxpayer “A” with NIF : XXX. The rent expired on 01/31/2024. The rental amount for the property is 900 euros per month.

On 02/01/2024, a new residential lease agreement was signed with taxpayer “C” with NIF: “ZZZ”. The contract formalization fees are 180 euros. The rental amount for the property is 700 euros per month. The lease qualifies for the 90% reduction.

Completion

If the property data is not available, the taxpayer will include:

  • % ownership: 50%

  • Nature of the good: Urban

  • Situation (key): 1

  • Land registry reference: 000000000000000050YL

  • Total cadastral value of the property: 100,000 (cadastral value of the building 40,000 plus cadastral value of the land 60,000). 

  • Property address: Sorolla No. 14, 4 Left.

Once you have completed this information, select "Lease" as this is the only use the property had in 2024, and enter the additional information requested.

Since you have two leases for your primary residence this year, one before May 26, 2023, and the other after that date, you will need to register two leases.

  1. Lease entered into on 01/01/2020 and expired on 01/31/2024. The data collection is as follows:

    • In the Lease Type window, select a primary residence lease and select a contract prior to May 26, 2023.

    • Total number of days the property was rented during the year 366 (31 days from January 1 to 31) + (335 days from February 1 to December 31).

    • Number of days this lease will last in 2024: 31 days (from January 1 to 31).

    • Contract date: 01/01/2020 and the tenant's NIF: "XXX".

    • Income: 450 euros [(900*1)*0.5]

    • Other tax-deductible expenses (Taxes, surcharges and fees): 25 euros IBI [(600/12)*0.5]

    • Amortization:

      • Type of acquisition: will mark an expensive acquisition.

      • Purchase date: 01/01/2000.

      • The number of days the lease contract will last in 2024 is transferred by the program from the "Leased, subleased, or transferred to third parties" window within the "Real estate at the disposal of its owners, leased or transferred to third parties, or used for economic activities" section.

        The ownership percentage and the total cadastral value of the property are transferred from the section "Real estate at the disposal of its owners, leased or transferred to third parties, or used for economic activities."

        If you need to modify this information, you must do so from those sections.

      • Cadastral value total of the construction: 40,000 euros.

      • The cadastral value (corresponding part), the cadastral value of the building (corresponding part) and the percentage that the cadastral value of the building represents with respect to the total are calculated by the program based on the previously entered data.

      • Acquisition amount corresponding to your ownership percentage : 140,000 euros (280,000*0.5).

  2. Lease executed on 01/02/2024. The leasing data collection will be as follows:

    Click “Add Lease” to reflect all the data related to that contract. The program will tell you that it is Lease 2 of 2.

    • In the Lease Type window, select a primary residence lease, select a contract effective May 26, 2023, and select the applicable reduction, in this case 90%.

    • Total number of days the property was rented during the year: 366 (moved from lease 1 of 1).

    • Number of days this lease will last in 2024: 335 days (from February 1 to December 31).

    • Contract date: 01/02/2024 and the tenant's NIF: "ZZZ".

    • Income: 3,850 euros {(700*11)*0.5].

    • Other tax-deductible expenses (Taxes, surcharges and fees): 275 euros of IBI [(50*11)*0.5].

    • Formalization costs: 90 euros (180*0.5).

    • Amortization: The amount is calculated by the program based on the previously entered data.

Example

A taxpayer owns 50% of an urban property located at Calle Álvarez No. 10, 2 IZ, acquired for valuable consideration on 12/01/2024 for a total amount of 120,000 euros.

During 2024 the house was rented to:

Tenant "A" 15 days

Tenant "B" 7 days

Tenant "C" 4 days

Tenant "D" 5 days

The rental price is 160 euros per day.

The IBI receipt, which amounts to 300 euros, contains the following information: cadastral reference 000000000000000090JX, cadastral value of the construction 15,000 euros and cadastral value of the land 30,000 euros.

Completion

If the property data is not available, the taxpayer will include:

  • % ownership: 50%

  • Nature of the good: Urban

  • Situation (key): 1

  • Land registry reference: 000000000000000090JX

  • Total cadastral value of the property: 45,000 (cadastral value of the construction 15,000 plus cadastral value of the land 30,000). If you hold sole ownership of the property, this information will be transferred by the program to the "Depreciation of the main property and improvements" window.

  • Property address: Álvarez No. 10, 2 IZ.

Once you've completed this information, select "Lease" as this is the only use the property had in 2024, and enter any additional information.

In this case, since this is a seasonal lease with no reduction, it is not necessary to register a lease for each period in which the property was rented.

  • In the Lease Type window, you will select other leases (commercial leases, seasonal housing, etc.).

  • Total number of days the property was rented during the year: 31 (15+7+4+5).

  • Number of days this lease will last in 2024: 31 days.

  • Contract date and NIF of the tenant. Since is not required to be filled in, the boxes will appear closed.

  • Income: 2,480 euros [(160*0.5)*31]

  • Taxes, surcharges and fees:  12.70 euros of IBI [(300*0.5)*31/366]

  • Amortization:

    • Type of acquisition: will mark an expensive acquisition.

    • Purchase date: 01/12/2024.

    • The number of days the lease contract will last in 2024 is transferred by the program from the "Leased, subleased, or transferred to third parties" window within the "Real estate at the disposal of its owners, leased or transferred to third parties, or used for economic activities" section.

      The ownership percentage and the total cadastral value of the property are transferred from the section "Real estate at the disposal of its owners, leased or transferred to third parties, or used for economic activities."

      If you need to modify this information, you must do so from these sections.

    • Cadastral value total of the construction: 15,000 euros.

    • The cadastral value (corresponding part), the cadastral value of the building (corresponding part) and the percentage that the cadastral value of the building represents with respect to the total are calculated by the program based on the previously entered data.

    • Acquisition amount corresponding to your ownership percentage : 60,000 euros (120,000*0.5).