Reinvestment exemption

1. Exemption for reinvestment in primary residence

   When the capital gain is derived from the transfer of the habitual residence and the exemption for reinvestment (totally or partially) applies to it, the data in this section must be completed.

   The program will calculate the capital gain obtained and the exempt amount, and will transfer the data to the corresponding section.

   • Reinvested amount:

     • Amount reinvested until December 31, 2024, considering the full acquisition value of the new home, regardless of whether the amount has been paid or financed.

       The reinvestment must be made, in one go or successively, over a period of no more than two years.

     • Amount committed to reinvest, after 2024, in the following two years

       The amount that the applicant agrees to reinvest in the two years following the transfer of the previous property will be recorded.

       The reinvestment will be deemed to be carried out within the term when the sale was made in installments or with a deferred price, provided that the amount of the installments is used for the indicated purpose within the tax period in which they are received.

     In the event that the taxpayer dies before having made the reinvestment:

     • If you die in the same year as the sale of your primary residence (2024), the following box must be completed: Amount reinvested until 12/31/2024.

     • If the death occurs on or after January 1 of the year following the sale of the primary residence (2025), the following box must be completed: Amount committed to be reinvested, after 2024, in the two years following the transfer.

     The amount to be stated in both cases is the Transfer Value (transfer amount less transfer costs).

   • Loan for the acquisition of the transferred home pending amortization:

     If the taxpayer used external financing to acquire the transferred property, the principal amount of the loan that is pending repayment at the time of the transfer will be indicated in this box.

   Information regarding the exemption will be displayed by clicking on the icon "More info".

2. Exemption from capital gains for reinvestment in life annuities for those over 65 years of age

   If the capital gain derived from the transfer of assets by taxpayers over 65 years of age is exempt by reinvesting the amount obtained from the transfer in the creation of an insured life annuity in their favor, under the conditions and timeframes established by the regulation, the requested information will be reflected in the sale of the capture.

   When you have reinvested in life annuities the total or partial amount obtained from one or all of the transfers made in the year, clicking on the icon "More info" will open a window in which the information regarding the exemption for reinvestment in life annuities corresponding to the gains to which it has been applied will be displayed.