GeTax · Chapter 7/11
Other assets and debts in GeTax: vehicles, gold, inheritances, mortgages
Key points
- Anything that is neither an account nor a security goes in « Autres revenus et fortune » (other income and assets): cash, gold, jewellery above CHF 2,138, vehicles, boats, collections (code 16.40), inheritances (codes 16.50 and 16.80).
- Debts on 31 December and interest due during the year go in « Intérêts et dettes » (schedule E), with the creditor and the split between spouses.
- Interest on private debts is deductible up to gross investment income plus CHF 50,000.
- 2026 wealth allowance: CHF 87,872 for a single person, CHF 175,743 for a couple, plus CHF 43,936 per dependant.
Other income and other assets
Tick what applies: allowances, subsidies and subletting; cash, precious metals and vehicles; other income and assets; undivided estates; inheritances received. The matching screens then open.
| Item | Code | Value to declare |
|---|---|---|
| Cash, gold, precious metals | 16.40 | Official rate on 31 December (Swiss Federal Tax Administration list) |
| Jewellery and silverware | 16.40 | Market value, if above CHF 2,138 (2026) |
| Cars, boats, aircraft, collector vehicles | 16.40 | Market value on 31 December |
| Art collections (other than furnishings) | 16.40 | Market value on 31 December |
| Undivided estate | 16.50 | Share of the taxable balance per the dedicated form |
| Inheritance received during the year | 16.80 | Value of assets, date, nature, relationship |
| Housing allowance from the OCLPF | 16.35 | Amount received |
For an inheritance received in 2026, attach a copy of the estate documents or the division agreement. The inherited assets then appear in their usual place (accounts in the securities list, property in schedule D) on 31 December.
Debts and interest paid
Declare the debts you owe on 31 December (mortgages, private loans, family loans) and the interest due during the year. Give the creditor's name and address, the date the debt was taken out and, for a couple, its split between taxpayers A and B. For a loan taken out during the year, state its purpose and attach the document.
| Interest | Deductibility |
|---|---|
| Private debts (mortgage, loan) | Up to gross investment income + CHF 50,000 |
| Business debts (self-employed) | Without limit |
| Construction loan | Not deductible |
| Interest included in a private lease | Not deductible |
| Repayments | Not deductible |
According to the AFC, interest and debt documents only need to be sent the first time or when the amount changes significantly. Keep the others available.
The wealth allowance
| Situation | 2026 allowance |
|---|---|
| Single person | CHF 87,872 |
| Married couple, or single parent with a dependent minor child | CHF 175,743 |
| Per dependant | CHF 43,936 (minus the personal wealth of an adult apprentice or student) |
GeTax applies this allowance itself (code 51.50): it appears under « Déductions », « Autres déductions », « Déduction sur la fortune ». Only net wealth above it is taxed.
Frequently asked questions
Do I have to declare my car in the Geneva tax return?
Yes, at its market value on 31 December, under code 16.40 (« Autres revenus et fortune », « Numéraires, métaux précieux, autos »).
Is mortgage interest deductible in Geneva?
Yes, up to your gross investment income plus CHF 50,000. It goes in « Intérêts et dettes » (schedule E) with the outstanding debt on 31 December.
How much wealth is tax-free in Geneva in 2026?
The wealth allowance is CHF 87,872 for a single person and CHF 175,743 for a married couple, plus CHF 43,936 per dependant.
How do I declare an inheritance received in 2026?
Under code 16.80 (« Successions ») with the value of the assets, the date, their nature and your relationship to the deceased, attaching the documents. The assets then appear in your wealth on 31 December.
Rather hand it over?
NeoFidu prepares and files your Geneva tax return for you, including source tax and TOU cases, with a check for missed deductions. Service in English available.
This guide is for information only and is not personalised advice. Amounts come from official publications of the Geneva cantonal tax administration (AFC) and the Swiss Federal Tax Administration. GeTax offers an English interface, but the return itself is French: we quote the French labels, followed by a translation, so you can find them on screen. Screenshots show GeTax 2025 with fictitious data. If in doubt, the official AFC instructions prevail.