If you bought, sold, or otherwise disposed of real estate in 2024, whether through inheritance or gift, you may be subject to estate tax obligations. This article provides you with an overview of important information you should know.
Who must file a tax return?
A tax return must be filed by anyone who in 2024:
acquired real estate (purchase, inheritance, gift).
made significant changes or enlargements to his property.
Deadlines for filing and paying taxes
Deadline for filing tax returns: The return must be filed no later than January 31, 2025.
Tax payment deadline: The tax must be paid by May 31, 2025. If the tax amount is higher than CZK 5,000, you have the option to split the payment into two installments.
How is a tax return filed?
The return is filed with the tax office that is competent for the location of the property. You can file it:
In person at the tax office,
By mail,
Electronically (if you have a data mailbox, you must use it).
How to pay tax?
There are several ways to pay property tax:
Where can I find the necessary forms?
Forms for filing tax returns are available:
If you are filing your return in person, we recommend that you fill it out online, print it, and simply sign it.
What if you sold the property?
If you sold or donated real estate in 2024, you must also file a tax return by January 31, 2025.
Remember that correct and timely filing of your tax return and payment of tax will ensure a smooth tax year. If you have any questions, please contact the relevant tax office, where they will be happy to help you.