Parents of educated children are deducted by 50% of the deduction standard respectively; With the consent of parents, one of them can also choose the deduction standard of 100%. The specific deduction method shall not be changed within a tax year.
First, the new personal income tax is subject to six deduction standards.
The new personal income tax has added six special additional deductions, which means that taxpayers can enjoy tax relief if they have expenses such as children's education, continuing education, serious illness medical care, housing loan interest or housing rent, and supporting the elderly.
1. Children's education: The expenses related to full-time academic education for taxpayers' children are deducted according to the standard of 1000 yuan per child per month.
2. Continuing education: During the academic education, according to the monthly 400 yuan quota, the longest deduction time is 48 months. Taxpayers' expenses for continuing education of professional qualifications of skilled personnel and professional and technical personnel shall be deducted according to the quota of 3,600 yuan in the year when relevant certificates were obtained.
3. Serious illness medical treatment: In a tax year, the medical expenses related to basic medical insurance incurred by taxpayers, after deducting the personal burden after medical insurance reimbursement (referring to the self-paid part within the scope of medical insurance catalogue), shall be deducted according to the actual excess, with a maximum deduction of 80,000 yuan.
Legal basis:
Interim Measures for Special Additional Deduction of Individual Income Tax
Article 5 The expenses related to full-time academic education for taxpayers' children shall be deducted according to the standard of 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).