With the health crisis, one of your relatives may be experiencing financial difficulties. By setting aside the loan, you can give it financial support in two ways.
It is possible to make a donation. It must be declared to the tax authorities using the manual donation form n ° 2735, but cannot be deducted from your income for the calculation of your tax.
Another option is to pay alimony. If the pension arises from a maintenance obligation, it may be deductible from your taxable income. But be careful, the aid must be paid to a descendant (child, grandchild), an ascendant (parent, grandparent), a step-parent, a son-in-law. No tax benefit can be obtained by supporting a brother or a friend.
In money as in kind
If this helping hand is paid by the grandparents to a grandchild, it will only be deductible if the parents are not able to provide for the needs of the children on their own.
Finally, the amount of the payment must be taken into account, both for the pension paid in cash and in kind (food, accommodation, clothing, health costs, school expenses, etc.).
It must be consistent with the needs of the one who receives it and the resources of the one who pays it. In addition, there is a fixed deduction limit of 5,959 euros when it is paid to an unmarried adult child, and of 11,918 euros for a couple or a single person with one or more dependent children (no fixed limit, however , if it benefits an ascendant or a minor child).