When a person dies of his heirs, they must face a series of bureaucratic procedures, including, for example, to distribute and declare the inheritance.
You have to keep in mind that Inheritances do not declare IRPF since they do it for the Inheritance Tax and donations. Now, if there are because of that legacy equity increases or other types of profits, these yields must be included in the corresponding income statement of the year. In this way, the sale or rental of an inherited property will have to be included in the declaration or also, for example, the performance of assets or inherited shares.
Declare an inheritance
That is why the idea that an inheritance can be received without declaring is something misleading. The Inheritance Tax Declaration is transferred to Autonomous communities and is done through model 650. They are the ones that determine how much you have to pay.
Not there is a unified criterion is when there are differences in the payment of taxes from some communities to others. These are the limits in 2025, as idealistic.
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Andalusia: reduction of up to one million euros for those who are descendants, spouse and ascendants, and 250,000 euros for second and third grade relatives, as well as for descendants and ascendants for affinity, and for fourth grade relatives and others kinships
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Aragon: 99% bonus in inheritance tax
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Asturias: Exemption to pay the tax until the inheritance reaches 300,000 euros for children under 21 who are descendants or adopted and spouses, ascendants or adopters over 21 years old
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Balearic Islands: Inheritance between ascendants, descendants and spouses are exempt from taxes. 25% general discount in the quota for inheritances between brothers, uncles and nephews and 50% if the deceased had no descendants
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Canary Islands: Inheritance between ascendants, descendants, spouses, brothers, nephews and uncles are have a 99.9% bonus of the quota
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Cantabria: 95% bonus for children, parents and spouses on the taxable basis of the house with a maximum of 125,000 euros per heir
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Castilla-La Mancha: 100% bonus for parents, children and spouses. 80% bonus if the inheritance exceeds 300,000 euros
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Castilla y León: 99% bonus for direct relatives
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Catalonia: A reduction in the tax base is applied due to the degree of kinship. The limits go between 100,000 and 200,000 euros according to the circumstances and kinship of people who receive the inheritance
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Ceuta and Melilla: They are governed by the state tax, although with particularities for residents in these territories
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Valencian Community: 99% bonus on inheritances for spouses, ascendants and descendants
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Extremadura: 99% bonus for children under 21. Sets are established for the elderly. 99% when the tax base does not exceed 175,000 euros, 95% when it does not exceed 325,000 euros and 90% when it does not exceed 600,000 euros
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Galicia: Reduction of 400,000 euros for relatives of Group II
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La Rioja: 99% bonus on the inheritance of parents to children or between spouses
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Madrid: 99% bonus for spouse or direct relatives of the deceased. 25% bonus for brothers, uncles and nephews
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Murcia: 99% bonus for relatives of groups I, II and III
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Navarra: Bonus from 2% to 16% for descendants and ascendants for consanguinity for 0% type spouses for less than 250,000 euros and 0.8% for higher
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Basque Country: inheritances less than 400,000 do not have to pay taxes if they are descendants, ascendants or spouses or de facto couples
At this point you have to know what degree of kinship each group has. In the I, descendants and adopted under 21 are encompassed, in the II descendants and adopted over 21 years, spouse, ascendants and adopters, in the III brothers, uncles and nephews and in the IV cousins and other degrees.
In this way, the amount of money that the Treasury will remain via succession tax will depend on the community. In any case, you should always inform even if nothing or very little is paid finally.
In addition, the deceased’s income declaration will have to be made if during the year exceeded the exempt thresholds. The deadline for self -liquidation of the inheritance tax and submit the documentation is six months, counted from the date of death. A month before expiring you can request an extension of six more.
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