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As part of the income tax annual return, you will probably have to pay additional taxes due to your low advance payments in tax class 3. Do you pay church tax?

Off-topic, sorry, but I still want to give this advice: I recommend taking out a term life insurance policy so that your wife and your two children are covered in the event of death, especially since the income situation in your family is very unevenly distributed. I also have a small son, but I only got it after his birth (the income situation in your family and mine are very similar).

In the context of the annual income tax return, you will probably have to pay additional taxes due to your low advance payments in tax class 3. Do you pay church tax?

Quite the opposite. The tax class combination 3/5 assumes that the income is distributed 75/25%. Here it is 100/0. That results in a refund.

I recommend taking out a term life insurance policy so that your wife and your two children are protected in the event of death, especially since the income situation in your household is very unevenly distributed.

Thank you, we will definitely do that. There are even specific ones for real estate financing with decreasing burdens. I do not pay church tax, and the last tax return showed what guckuck2 wrote - we got a good refund even though we had nothing special to declare.