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puyavahabi
New Member

I bought a house in Italy, with a loan that I got in Italy. If I don't want any tax deduction, can I simply not declare it? or it is mandatory to do it?

 
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linear
Level 7

I bought a house in Italy, with a loan that I got in Italy. If I don't want any tax deduction, can I simply not declare it? or it is mandatory to do it?

No, you are not required to claim deductions. You must, however, report all income.

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linear
Level 7

I bought a house in Italy, with a loan that I got in Italy. If I don't want any tax deduction, can I simply not declare it? or it is mandatory to do it?

No, you are not required to claim deductions. You must, however, report all income.

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