analytics
Homem sorridente com camisa azul e calças bege com um menino de camisa verde aos ombros, à frente de uma casa cinzenta com jardim e vasos de flores

Do you pay rent? Learn how to deduct up to 502 euros on your 2026 taxes.

Those who live in a rented house should pay close attention to the tax return, as they can deduct up to 502 euros. This is one of those cases where a small verification can have a significant impact on the family budget.

07 Apr 20262 min

Liked what you just read? Share it!

If you already support one of the largest monthly expenses in your budget, it makes sense to ensure that you are taking advantage of the deduction to which you may be entitled.

Who can deduct rents in IRS?

If you live in a rented house and the contract is formally registered, you may be eligible for a deduction of rent in your IRS tax return. It is essential that this information is properly communicated to the Tax Authority and reflected in the system.

Not always the problem lies in paying the rent. Often, the failure is in assuming that the recording was done correctly and that the receipts already appear without the need for confirmation. This is where many taxpayers lose money without realizing it.

What to check

Before submitting the statement, please confirm:

  • If the lease agreement is registered with the Finance Authority.
  • If the rent receipts appear correctly on e-Fatura.
  • If the values shown correspond to what you paid throughout the year.
  • If deduction is reflected in your simulation.

This small checklist can prevent issues and increase the likelihood of maximizing possible value.

Because you may be losing money without knowing.

Because, after accepting the statement without validating this data, you may be waiving a relevant deduction. In a context where housing weighs so much on the budget, every euro counts. And, in this case, the effort required pays off: entering the portal, confirming the information, and only then proceeding.

Savings tip

Feel like your current income is already approaching the value of a bank installment? Home loans may be cheaper than renting. Do a quick simulation on our Home Loan Simulator and find out if it's worth exchanging rent for your own home.

Still have doubts about the IRS?

If you still have doubts about IRS, check out this practical guide we created to help you clarify everything you need to know. 👇

A guide to better understand the IRS. Here

Newsletter

Subscribe to our newsletter and don't miss any content.



Eleito Produto do Ano 2025
Poupança no minuto

Financefy S.A. Credit Intermediary registered with Banco de Portugal (Bank of Portugal) as nº 0006860

Financefy - Mediação de Seguros Lda (Insurance Mediation Ltd), registered at ASF as nº 423578365


Poupança no Minuto is a brand owned by Financefy, S.A., a tied credit intermediary registered with Banco de Portugal under no. 0006860. Authorized services: presentation or proposal of credit contracts to consumers. Assistance to consumers, through preparatory acts or other pre-contractual management work relating to credit contracts that were not presented or proposed by it. Lenders: Bankinter, S.A. - Branch in Portugal, Caixa Geral de Depósitos, S.A., Banco BPI, S.A., Banco Santander Totta, S.A., Abanca Corporación Bancaria, S.A. - Branch in Portugal, Banco CTT, S.A., Novo Banco, S.A., Cofidis, BNP Paribas Personal Finance, S.A. - Branch in Portugal, Unión de Créditos Inmobiliarios, S.A., Establecimiento Financiero de Crédito (Sociedad Unipersonal) - Branch in Portugal, BNI - Banco de Negócios Internacional (Europa), S.A., Banco BIC Português, S.A., Unicre - Instituição Financeira de Crédito, S.A.