2. Maximum limits and excess contributions made

A. Maximum reduction limits

The contributions made during the year to the protected assets of people with disabilities and, where applicable, the excess contributions made and not reduced in the years 2018 to 2021, may be subject to a reduction in the tax base for this year in accordance with the following maximum limits:

1. 10,000 euros annually for each contributor and for the set of protected assets to which they make contributions.

2. 24,250 euros annually for all the reductions made by all people who make contributions in favor of the same protected assets.

When several contributions are made in favor of the same protected assets and this last limit is exceeded (24,250 euros), the reductions corresponding to said contributions must be reduced proportionally to the amount of the respective contributions. contributions, so that the total of reductions made by all natural persons who make contributions in favor of the same protected assets does not exceed 24,250 euros per year .

See in this regard, within the " Practical case " included in this same Chapter, the case of concurrence of contributions to the protected assets of a person with a disability.

In the case of non-monetary contributions , the amount of the contribution will be taken as the result of the provisions of article 18 of Law 49/2002, of December 23, on the tax regime of non-profit entities and tax incentives for patronage ( BOE of December 24), there being no capital gain or loss on the occasion of contributions to the protected assets constituted in favor of people with disability.

Important : For the disabled person who owns the protected assets, the contributions are considered work income to which the exemption provided for in article 7.w) will apply. ##2##Personal Income Tax Law.

B. Excesses pending reduction of contributions made in previous years

Contributions made that could not have been reduced in the years 2018 to 2021 due to exceeding the quantitative limits of tax reduction or due to insufficient tax base, will be charged to the current year, provided that it has been requested in the respective declarations to be able to reduce the excess. in the following four exercises. The reduction of the excesses, which will be carried out subject to the maximum reduction limits discussed below, will be carried out with priority to that corresponding to the contributions made in the year.

C. Excess contributions corresponding to the year

Contributions made in 2022 that exceed the maximum limits previously mentioned, including that relating to the positive amount of the taxpayer's general tax base, will give the right to reduce the tax base for the following four tax periods , until the maximum reduction amounts are exhausted in each of them, if applicable.

Attention: the amounts corresponding to the excesses pending reduction of contributions made in the years 2018 to 2021 pending to be applied at the beginning of the year, those applied in the declaration and the remainder pending application in future years, as well as the excess contributions corresponding to the year 2022 not applied, the amount of which it is requested to be able to reduce in the following 4 years, must be recorded in Annex C.3 of the declaration in the section "Unreduced excess of contributions to protected assets of people with disabilities pending reduction in the following years ".