This is how you can deduct the interest on your Infonavit credit

If you bought one casa or department with your credit of the IHe called and you are an employee or person physicalyou can deduce the interests real of the mortgage when presenting your Annual statement before him SAT and, where appropriate, receive the return of a part of your taxes.

He Service tax administration (SAT) reported that the deductions are those bills that the taxpayers They have the right to reduce their incometo reduce the payment of taxes or, well, obtain a returnif you obtain a favorable balance in your annual declaration.

He explained that the Income Tax Law (LISR) establishes that natural persons –salaried, professionals independent, owners of small businessowners of premises in renta y freelancers– nine personal deductions are available to them; among which are the real interests of your mortgage loan.

“Through personal deductions, taxpayers can recover a maximum amount of five UMAS (Unit of Measurement and Update) annually, effective in 2023, equivalent to 189,220 pesos.

“Or, up to a limit of 15% of the total income reported by the taxpayer in their annual return, including those that are exempt; “under the criterion that the SAT will pay “whatever is lower” between said measurements.”

— SAT

How much can I deduct from my Infonavit credit?

Infonavit reported that, to know the amount you can deduct and apply this reduction to your tax payment, you can obtain your Proof of Interestfollowing these steps:

• Enter My Infonavit Account (micuenta.infonavit.org.mx).
• Select the tab My Creditwhich appears in the left-hand menu.
• And clic in Proof of Interest.
• Choose the fiscal year what you want to declare, which in this case would be 2023.
• Press the button Consult.
• Download and print the document.

Once you have your hands on Proof of Interestgive it to you contador or follow the instructions that the SAT offers you on its portal, so that you yourself can make your Annual statement of taxes and present the deductions of your credit with the Infonavit.

“So don’t forget to comply with this obligation and take advantage of the fact that you are paying your credit to deduct the payment of interests real and even obtain a favorable balance so that the SAT give you back money”, Infonavit pointed out.