> For the complete documentation index, see [llms.txt](https://help.immodio.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.immodio.app/en/anleitung/einnahmen-und-ausgaben/buchhaltung-erweiterung/10036200-erhaltene-zinsen-zinsertraege-dividenden-dividendenertraege.md). # Interest received, interest income, dividends, dividend income Help on the Immodio entry item Interest received, interest income, dividends, dividend income.
Use this category for **interest and dividend income attributable to the owner, owners' association or partnership kept in Immodio**. Typical cases can be, for example: * credit interest on a bank account, * interest from an investment, * interest from fixed-term or overnight deposits, * interest from securities or other capital claims, * dividends from shares, * distributions from corporations, * a WEG's pro rata interest income from investing its maintenance reserve. ### Interest and dividends are in principle investment income For tax purposes, interest and dividends are in principle part of **income from capital assets under Section 20 EStG**. Investment income includes in particular: * dividends and other shares of profit from corporations, * interest and other income from capital claims, * certain distributions and comparable investment income. Section 20 (1) no. 1 EStG covers dividends in particular; Section 20 (1) no. 7 EStG covers income from other capital claims. ### An important case for landlords: interest from the WEG maintenance reserve For apartment owners this category is particularly relevant where the WEG has **invested its maintenance reserve at interest**. The income tax guidelines expressly make clear: Interest that apartment owners earn from investing the maintenance reserve is part of **income from capital assets**. It is therefore precisely **not income from letting and leasing**. #### Example Your WEG has a larger maintenance reserve. The reserve account earns in total per year: **€5,000 of interest** By co-ownership share, the following is attributable to your unit: **€125 of interest income** This €125 is in principle investment income of the apartment owner. That also applies where the €125 is not paid into your personal current account but remains within the WEG's reserve assets. The tax authorities expressly provide that the WEG manager can allocate the investment income pro rata by co-ownership shares and inform the owners of it. ### The "actual money received" on the previous help page is therefore too narrow The existing Immodio help page says in substance that the actual money received is decisive. For the important WEG case that is too sweeping. With interest from a WEG maintenance reserve, the **pro rata attribution by the manager** is normally sufficient under the administrative instructions. The manager informs the individual owner of their share of the investment income. For a landlord this category can therefore also become relevant on the basis of a **WEG annual statement or a tax certificate from the manager**, without the interest income reaching their private bank account separately. ### Do not deduct capital gains tax from the interest income Where a bank withholds capital gains tax, the **gross income** and the tax withheld should be distinguished for documentation for tax. #### A simplified example An asset-managing partnership receives: **€1,000 of interest** The following are withheld from it, for example: **€250 of capital gains tax** **€13.75 of solidarity surcharge** Without church tax the payout is: **€736.25** For much investment income the capital gains tax is in principle 25% of the investment income; the specific deduction of tax depends, however, on the statutory rules and on the tax certificate concerned. It would be wrong to treat merely the **€736.25 net payout as the interest income**. The gross income is €1,000; the amounts of tax withheld are to be taken into account separately. ### Interest can exceptionally belong to letting and leasing Not every item of interest income necessarily belongs to Section 20 EStG. Section 20 (8) EStG contains an important exception: where investment income economically belongs to income from agriculture and forestry, a trade or business, self-employment or **letting and leasing**, it is attributed to that other type of income. For landlords it therefore always has to be checked **why the interest was paid**. ### Default interest from a tenant is something different A particularly important example is **default interest because of late rent payments**. Where a tenant did not pay their rent on time and you therefore receive default interest, that interest is directly connected with your letting. Relevant in this context is what is known as **litigation and default interest received in connection with the letting or leasing activity**, for example: * interest on rent claims pursued in court, * interest on claims for damages against a tenant, * default interest because of late rent payments. With a company or community these are attributed to the income from letting and leasing and recorded in the **FE-V-Sonstige annex**. #### Example A tenant owes you €5,000 of rent. After court proceedings they pay: **€5,000 of outstanding rent** plus **€350 of litigation or default interest** The €350 is directly connected with the rent claim and is attributed for tax to the income from letting and leasing. ### WEG interest, on the other hand, is expressly capital assets That shows why the cause of the interest income is decisive. **Interest from investing the WEG maintenance reserve**\ → expressly income from capital assets. **Default interest on an outstanding rent claim**\ → income from letting and leasing. Both are called "interest" in everyday language but are treated differently for tax. ### Final withholding tax in principle 25% For ordinary private income from capital assets not falling under Section 20 (8) EStG, the separate income tax tariff is in principle **25%**. With much domestic investment income the bank already makes the deduction of tax. A solidarity surcharge and, where applicable, church tax can also arise. There are, however, statutory exceptions and special cases. For Immodio the **amount actually shown on the bank statement or tax certificate** should therefore in principle be taken over, and no capital gains tax calculated from the income across the board. ### Not recoverable from the tenant Interest and dividends are the owner's income or investment income and not operating costs. They have nothing to do with the tenant's operating cost statement and may not appear there as a cost item. ### Assignment in Immodio Select: **Assignment → Owner** and then the owner to whom the income is attributable for tax. ### Which documents should you keep? Keep in particular: * the bank statement, * the annual tax certificate, * the interest statement, * the dividend credit note, * the portfolio statement, * evidence of the gross income, * the capital gains tax withheld, * the solidarity surcharge withheld, * church tax, where applicable, * with partnerships, documents on the allocation to the participants, * with WEG interest, the manager's notification of your pro rata investment income, * with WEG interest, a copy of the credit institution's tax certificate, where applicable. For crediting the capital gains tax attributable to a WEG maintenance reserve, the tax authorities in principle require a copy of the credit institution's tax certificate in addition to the manager's notification.