{"id":1384,"date":"2026-03-15T12:07:53","date_gmt":"2026-03-15T12:07:53","guid":{"rendered":"https:\/\/www.valenciablue.com\/?p=1384"},"modified":"2026-03-15T12:14:32","modified_gmt":"2026-03-15T12:14:32","slug":"along-with-allergies-the-new-year-marks-the-beginning-of-the-spanish-tax-season","status":"publish","type":"post","link":"https:\/\/www.valenciablue.com\/es\/along-with-allergies-the-new-year-marks-the-beginning-of-the-spanish-tax-season\/","title":{"rendered":"Junto con las alergias, el nuevo a\u00f1o marca el inicio de la temporada fiscal espa\u00f1ola"},"content":{"rendered":"

With spring approaching, the blooms are out on the almond and olive trees in the Valencia region<\/h2>\n\n\n\n

This flowery harbinger also marks the beginning of the tax season. And just as irritating, the allergy season, but that\u2019s a story for another day\u2026<\/p>\n\n\n\n

There is the old clich\u00e9 about death and taxes: Two things that one can always expect. I\u2019m not dead yet, so it\u2019s taxes. Specifically tax liability in Spain. As a tax resident, you live more than 183 days in a year in Spain. Therefore, you are obligated to file a wealth and income tax form here.<\/p>\n\n\n\n

If you are a United States citizen, then you must file a domestic return. This is required regardless of where you live. The U.S., you see, is one of only two nations<\/a>, Eritrea being the other one, that tax their citizens globally.<\/p>\n\n\n\n

\"Map<\/figure>\n\n\n\n

The following is not tax advice – merely a recounting of a personal experience<\/h2>\n\n\n\n

Taxes, and especially, international income, can get you mired deep in the weeds. So, consult a professional tax advisor to navigate your personal situation. Actually, I used a tax advisor for my first returns here. This provided me with a template to report the various items for the Spanish tax forms.<\/p>\n\n\n\n

The big assessment is the personal income tax<\/a>. Known in Spanish as the Impuesto sobre la Renta de las Personas F\u00edsicas<\/em>, <\/em>or more familiarly the IRPF. This is the one most of us are most acquainted with. The filing is due by the end of June.<\/p>\n\n\n\n

Spain also has a “Wealth Tax\u201d (impuesto de patrimonio<\/em>)<\/a>. That is the value of all assets: financial accounts, investments, and real estate holdings. \u201cWealth\u201d is a misnomer. Basically it’s the total value of assets. The amount you report is then subject to a progressive tax. Spanish regions have varying thresholds at where you are expected to pay the tax and how much.<\/p>\n\n\n\n

There\u2019s also the \u201cSolidarity Tax\u201d (Impuesto de Solidaridad<\/em>)<\/a>. It ensures everyone pays at least something, even if the comunidad<\/em> doesn\u2019t have a wealth tax. Anyway, that\u2019s the way it\u2019s supposed to work.<\/p>\n\n\n\n

Keep your eye on the ball, and that one, and that one, too<\/h2>\n\n\n\n

With that out of the way, here\u2019s how it works in practice.<\/p>\n\n\n\n

A quick glossary of terms:<\/p>\n\n\n\n