At the same time, article 6 of the circular stipulates that parents can choose to deduct 100% of the standard deduction by one party or 50% of the standard deduction by both parties, and the specific deduction method shall not be changed within one tax year. That is, 100% can be deducted from either parent, and 50% can be deducted from each parent.
The special additional deduction standard for personal income tax for children's education is as follows:
Article 5 of the Interim Measures for Special Additional Deduction of Individual Income Tax stipulates that the expenses related to full-time academic education of taxpayers' children shall be deducted according to the standard of 1 1,000 yuan per child per month.
Academic education includes compulsory education (primary school, junior high school education), high school education (ordinary high school, secondary vocational education, mechanic education) and higher education (junior college, undergraduate, master's and doctoral education).
The provisions of the first paragraph of this article shall apply to children who have reached the age of 3 and are in the pre-school education stage before entering primary school.
Article 6 of the Interim Measures for Special Additional Deduction of Individual Income Tax stipulates that parents can choose one party to deduct 100% of the deduction standard or 50% of the deduction standard of both parties, and the specific deduction method shall not be changed within a tax year.
Article 7 of the Interim Measures for Special Additional Deduction of Individual Income Tax stipulates that if a taxpayer's children receive education outside China, the taxpayer shall keep the admission notice of overseas schools, study visas and other relevant educational documents for future reference.
Other items deducted from the new special tax annex:
1. Continuing education: The expenses for taxpayers to continue to receive academic (degree) education in China shall be deducted according to the monthly 400 yuan quota during the academic (degree) education period. The deduction period of continuing education with equivalent academic qualifications (degrees) cannot exceed 48 months.
2. Serious illness medical treatment: in a tax year, the part of the taxpayer's medical expenses related to basic medical insurance that exceeds 15000 yuan after deducting medical insurance reimbursement (referring to the self-paid part within the scope of medical insurance catalogue) shall be deducted within the limit of 80,000 yuan when the taxpayer handles the annual final settlement.
3. Interest on housing loans: Taxpayers or their spouses use individual housing loans from commercial banks or housing accumulation funds individually or jointly to buy houses for themselves or their spouses in China. In the year when the loan interest actually occurs, the interest expense of the first home loan is deducted according to the standard quota of 1 000 yuan per month, and the maximum deduction period is no more than 240 months.
4. Housing rent: for municipalities directly under the central government, provincial capitals, cities with separate plans and other cities determined by the State Council, the taxpayer's monthly deduction standard is 1.500 yuan; In addition to the cities listed above, the deduction standard is 100 yuan per month for cities with registered population100000 or more; For cities with a registered population of no more than 6.5438+0 million, the deduction standard is 800 yuan per month.
5. Support for the elderly: the maintenance expenses for taxpayers to support one or more dependents. If the taxpayer is an only child, it will be deducted according to the standard of 2000 yuan per month; If the taxpayer is a non-only child, he and his brothers and sisters will share the deduction of 2000 yuan per month, and the monthly share of each person cannot exceed 1 000 yuan.
I hope the above content can help you. If in doubt, please consult a professional lawyer.
Legal basis:
Article 5 of the Interim Measures for Special Additional Deduction of Individual Income Tax stipulates that the expenses related to full-time academic education for taxpayers' children shall be deducted according to the standard of 1 1,000 yuan per child per month.
Article 6 of the Interim Measures for Special Additional Deduction of Individual Income Tax stipulates that parents can choose one party to deduct 100% of the deduction standard or 50% of the deduction standard of both parties, and the specific deduction method shall not be changed within a tax year.
Article 7 of the Interim Measures for Special Additional Deduction of Individual Income Tax stipulates that if a taxpayer's children receive education outside China, the taxpayer shall keep the admission notice of overseas schools, study visas and other relevant educational documents for future reference.