{"id":1796,"date":"2024-02-16T09:28:52","date_gmt":"2024-02-16T08:28:52","guid":{"rendered":"https:\/\/www.gr-asesoria.es\/deduccion-irpf-hipoteca-venta-vivienda\/"},"modified":"2026-05-08T09:03:50","modified_gmt":"2026-05-08T07:03:50","slug":"irpf-mortgage-deduction-property-sale","status":"publish","type":"post","link":"https:\/\/www.gr-asesoria.es\/en\/irpf-mortgage-deduction-property-sale\/","title":{"rendered":"IRPF Deduction for Mortgage Cancellation Costs on the Sale of a Main Residence"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1796\" class=\"elementor elementor-1796 elementor-1\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ffec8e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ffec8e\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e3c2758\" data-id=\"e3c2758\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aab7e60 elementor-widget elementor-widget-heading\" data-id=\"aab7e60\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">New TEAC Criterion: Can You Claim an IRPF Deduction for a Mortgage Cancelled After Selling Your Main Residence?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a9cf26 elementor-widget elementor-widget-text-editor\" data-id=\"7a9cf26\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <strong>IRPF deduction for a mortgage cancelled following the sale of a main residence<\/strong> has recently been clarified through a new ruling issued by the TEAC (Spanish Central Economic-Administrative Court). This decision provides important guidance on how this tax relief should be applied in certain property transactions and affects taxpayers who sold a property with an outstanding mortgage balance.<\/p><p>The new ruling (Resolution 2995\/2025, dated 20 October 2025) confirms that the deduction may be applied, provided that the property was purchased before 1 January 2013 and the taxpayer qualified for the transitional tax relief regime for investment in a main residence.The ruling mainly establishes the following principles:<\/p><ul style=\"font-size: 16px; font-style: normal; font-weight: 400;\"><li style=\"font-size: 16px;\"><span style=\"font-weight: bold;\">Mortgage Cancellation Using the Sale Proceeds Is Deductible for IRPF Purposes<\/span><\/li><\/ul><p>Until now, the Spanish Tax Agency generally accepted deductions only for mortgage instalments paid before the sale of the property, excluding the final repayment of the mortgage, which is often the largest amount. The previous interpretation considered that the funds obtained from the sale could not form part of the tax deduction base for investment in a main residence.<\/p><ul style=\"font-size: 16px; font-style: normal; font-weight: 400;\"><li style=\"font-size: 16px;\"><strong>The Origin of the Funds Does Not Affect the Deduction<\/strong><\/li><\/ul><p>According to the TEAC, what matters is not where the money comes from, but how it is used. If the sale proceeds are used to repay the mortgage linked to the taxpayer\u2019s main residence, the amount may qualify for relief under the transitional deduction regime.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d2d9fa elementor-widget elementor-widget-heading\" data-id=\"3d2d9fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Requirements to Apply the IRPF Deduction After Selling a Property<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0cd71e3 elementor-widget elementor-widget-text-editor\" data-id=\"0cd71e3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To benefit from this more favourable interpretation, the following conditions must be met:<\/p><ul><li><strong>The property must have been acquired before 1 January 2013.<\/strong> The deduction only applies to taxpayers who already benefited from the relief before it was abolished.<\/li><li><strong>The taxpayer must have claimed the deduction in previous tax years.<\/strong> Spanish tax regulations require continuity in the application of the deduction.<\/li><li>The property sold must have qualified as the taxpayer\u2019s main residence according to IRPF rules.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a805362 elementor-widget elementor-widget-heading\" data-id=\"a805362\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Limits and Amounts of the Mortgage Deduction<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-886d2c1 elementor-widget elementor-widget-text-editor\" data-id=\"886d2c1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe transitional regime maintains the same conditions as the former deduction for investment in a main residence:<ul>\n \t<li>Maximum annual deductible base: \u20ac9,040<\/li>\n \t<li>Deduction percentage: 15% (7.5% state relief and 7.5% regional relief)<\/li>\n \t<li>Maximum annual tax saving per taxpayer: \u20ac1,356<\/li>\n<\/ul>\nUnder the new criterion, the deductible base may now include: Mortgage instalments paid before the sale, plus\nThe part of the mortgage repaid using the proceeds from the sale of the property\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3d7dfc elementor-widget elementor-widget-heading\" data-id=\"d3d7dfc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Amending Previous IRPF Tax Returns: Recovering Unclaimed Deductions<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a9a1a8 elementor-widget elementor-widget-text-editor\" data-id=\"1a9a1a8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Can You Recover Tax From Previous Years?<\/strong>Yes. The ruling allows taxpayers to amend non-time-barred IRPF tax returns in order to claim deductions that were not previously applied.<\/p><p>If you sold your main residence in recent years, purchased it before 2013, and used part of the sale proceeds to repay the mortgage, there is a strong possibility that you may be entitled to reclaim part of your taxes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a28033 elementor-widget elementor-widget-heading\" data-id=\"3a28033\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Conclusion: An Opportunity to Reduce Your IRPF Liability\n\n\n\n\n\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c5a2ec elementor-widget elementor-widget-text-editor\" data-id=\"4c5a2ec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The TEAC ruling represents a significant tax advantage for thousands of taxpayers in Spain. Mortgage repayments made using the proceeds from the sale of a main residence may now be fully deductible, provided the requirements of the transitional regime are met.<\/p><p>At G&amp;R Asesores, we recommend:<\/p><ul><li>Checking whether your property was acquired before 2013<\/li><li>Confirming whether the sale proceeds were used to repay the mortgage<\/li><li>Reviewing whether previous IRPF tax returns can be amended<\/li><li>Seeking professional advice to prepare and submit the required documentation<\/li><\/ul><p>If you believe this ruling may apply to your situation, we can help you assess your case and recover the tax relief you may be entitled to.<\/p><p><strong>Contact us today for personalised advice with no obligation.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>New TEAC Criterion: Can You Claim an IRPF Deduction for a Mortgage Cancelled After Selling Your Main Residence? The IRPF [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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