10.3.23. For vital expenses incurred by taxpayers up to 35 years of age

Amount

Taxpayers up to 35 years of age may deduct the amount paid for:

• Housing expenses and associated supplies. For these purposes, both expenses incurred on the property owned and those derived from the rental of the property will be admissible.

• Educational expenses.

• Transportation and mobility expenses.

• Technology expenses.

• Sports expenses.

• Cultural expenses.

The maximum amount of the deduction will be:

• 2,000 euros for taxpayers up to 25 years old.

• 1,500 euros for taxpayers aged between 26 and 30.

• 1,000 euros for taxpayers aged between 30 and 35.

Requirements and conditions

• The age requirement should be understood as referring to the date on which the event giving rise to the deduction occurs and not to the date the tax is due.

• The taxable base cannot exceed 28,000 euros per year for both individual and joint taxation.

• Taxpayers who fall within two age brackets during the tax year will be subject to the maximum amount of the highest deduction.

• In the case of joint taxation where several members of the family unit meet the requirements for the deduction, the limit will apply to each of them and not per return.

• Expenses must be supported by an invoice or any other legal or economic means permitted by law.

Completion

The amount of expenses incurred will be recorded, broken down by age.