The deduction of funeral expenses is a topic of great interest to many Italian taxpayers, especially when it comes to tax returns using the 730 model. Let’s see together what are the conditions, amounts and family members for which it is possible to request this deduction, providing clear and detailed guidance
.
Table of Contents:
What does the legislation provide
Evolution of the deduction
Until 2015, the deduction of funeral expenses was reserved for specific degrees of kinship: spouses, children, grandchildren, parents, grandparents, great-grandparents, great-grandparents, brothers, sisters, in-laws, daughters-in-law and sons-in-law.
Since 2016, however, only the actual payment of expenses has been relevant, regardless of the kinship relationship with the deceased
.
The personal income tax deduction
The 19% personal income tax deduction for funeral expenses is provided for in article 15, letter d, of the TUIR (consolidated text of income taxes). According to Presidential Decree 917/1986, this deduction applies to expenses incurred in connection with the death of a person, up to a maximum of 1,550
euros for each death.
How to spread the deduction
Contribution from more people
If several people contribute to funeral expenses, the deduction can be distributed among those entitled, even if the invoice is in the name of only one person. It is essential that the payment is tracked and that a distribution statement, signed by the holder, is noted on the accounting document
.
Conditions and amounts
It is not necessary to have kinship ties with the deceased to benefit from the deduction. Anyone who bears the expenses can apply the 19% deduction on a maximum amount of 1,550 euros. Each taxpayer will indicate in the tax return their share of the expenditure incurred
.
Compilation of the tax return
Pre-filled statement
In the case of the pre-filled tax return, the funeral expenses are already entered, but it is possible to modify them to update the amount.
Assisted compilation
From 2024, with the assisted compilation method, it will be possible to indicate the total funeral expense and that incurred by each taxpayer in a simplified way. This allows for a clearer and more precise management of deductions.
Example of a breakdown
Suppose that three siblings contribute to a parent’s funeral expenses, for a total of 4,500 euros. Each brother can deduct 19% of 1,550 euros (maximum amount deductible for each death), dividing equally between them the maximum total deduction
of 1,550 euros.
The funeral expense deduction is a useful tool for alleviating the financial burden of losing a loved one. It is essential to know the rules and limits imposed by the legislation in order to be able to take advantage of this benefit correctly. With the correct compilation of the tax return, it is possible to optimize your finances even in
difficult times.
