deduct

We are going to tell you in which cases you can deduct home insurance from the 2025 Income Tax return, which is what we do in 2026 to account for the last fiscal year. You can now request and submit your draft online and from the mobilebut before doing so pay attention to this. We have already explained to you the most important boxes to which you have to pay attention in your declaration, but there are also others that should be looked at in case you can scratch any deductions. One of them is related to home insurance when the home is linked to a mortgage. We will tell you in which cases you can deduct this insurance and how to do it. Conditions to deduct home insurance In the Income Tax return that we are doing this year, you can only deduct insurance linked to homes that you have acquired before January 1, 2013. Therefore, the date you purchased your home is very important. The maximum annual deductible base for investment in housing amounts to 9,040 euros. You will be able to deduct 15% on this amount, so The maximum deduction is 1,356 euros in your statement. Home insurance is included in the deductions related to the mortgage, but it is not possible to deduct it entirely. In addition to this, another condition is that The insurance must be linked to a mortgage on a mandatory basis. Come on, at the time the bank should have forced you to take out this insurance as a requirement to grant you this mortgage, a practice that we can sometimes encounter. Specifically, the Tax Agency says the following: The premiums for life and fire insurance contracts, provided that they are included in the conditions of the mortgage loans obtained for the acquisition (or, where applicable, for the construction), rehabilitation or extension of the habitual residence. This means that you will also be able to deduct the insurance that you were forced to take out when the mortgage was to acquire the home, to rehabilitate it or to expand it. Besides, It must be your habitual residencenot a secondary or vacation one. How to deduct your home insurance If your home insurance meets the conditions to be able to deduct it, all you have to do is write the insurance amount in boxes 547 and 548 of the Income Tax return, which are those destined for investments in your habitual residence. The deduction amounts to 7.5% in the state section and another 7.5% in the regional. Self-employed workers will also be able to deduct workspace insurance, whether in-person or teleworking. In this case you will have to do it in box 200, the one Insurance premiums for this type of professional expenses. Here, as usual, You must have documentation proving payment of this insurance, and that the document details the risks covered. This should be kept in case the Treasury decides to do a check to verify that everything is true. In Xataka Basics | Income Guide 2025: calendar, previous steps and how to prepare for the 2026 declaration