Personal taxation · Luxembourg
Form 190 Luxembourg: preparing the rental income schedule
Form 190 is used to determine rental income in the situations concerned. Prepare a statement per property and period, then check the taxpayer's share and the transfer to the return. Form 190 is not a stand-alone tax return that replaces Form 100.
Financial Services Luxembourg · Licensed accountant · Head of the firm: Mickaël LOC. Editorial update: .
Prepare the statement before data entry
| Block | Data | Supporting document |
|---|---|---|
| Property and rights | Location, ownership, periods | Deed and leases |
| Receipts | Rents and relevant adjustments | Statements and management account |
| Expenses | Allowable expenses actually borne | Invoices and reimbursements |
| Financing | Interest and related charges | Bank certificate |
| Depreciation | Documented base and regime | Deed, history and calculation |
Avoid gross bank totals
A rental deposit held as security is not automatically treated as rent earned. Advance payments and adjustments of service charges must be analysed according to the facts. Repayment of the loan capital is not interest.
The ACD also provides other forms for certain situations, in particular income established jointly. The form must be chosen according to the file, not just its title.
Fictitious example
A property belongs to two people. The overall result of the property and the share to be included by each of them must be distinguished. Splitting only the rents and then deducting all of the expenses twice would produce an incorrect result.
Depreciation and works must not be counted again under a general expenses heading already included in the statement.
Transfer and keep records
Check the signs, the share, the year and the link with Form 100. Keep the detail even if the procedure only asks for a total at one stage of the form.
For a property abroad, the tax treaty and the calculation of the relevant income must be examined before the transfer. A Luxembourg rental statement does not by itself decide the taxing right.
The firm’s other tax engagements
Depending on your situation, the firm also handles tax, VAT and payroll, the regularisation of late tax filings and assistance during a tax audit. Fees are listed in the firm’s fee grid.
Official sources and scope
The rules apply to the year and profile concerned. Examples flagged as fictitious explain a method; they are not an individual validation. The documents and options of your file are covered by a separate engagement.