Calculation method: 15000-5000= 10000 yuan, 10000* 10%- fast deduction 2 10 yuan =790 yuan.
15000-790 =14210 yuan
Calculation formula: Personal income tax payable = (monthly income after deducting insurance premiums and other items-basic deduction) * applicable tax rate-quick deduction.
Extended data:
Principles and standards of six special deductions
1 expenses such as children's education and supporting the elderly can be deducted from the tax.
According to the interim measures, the special additional deduction follows the principles of fairness, reasonableness, simplicity, practical burden reduction and improvement of people's livelihood. The specific deduction standards are as follows:
Children's education: The expenses related to the taxpayer's children's preschool education and academic education are deducted according to the standard of12,000 yuan per child per year (10,000 yuan per month).
Continuing education: Taxpayers can deduct 4,800 yuan or 3,600 yuan annually from the expenses of continuing education with or without academic qualifications within the specified period.
3. Serious illness medical treatment: the part of the taxpayer's self-funded medical expenses exceeding 6.5438+0.5 million yuan in a tax year can be deducted within the annual limit of 60,000 yuan.
4 housing loan interest: the first housing loan interest expense incurred by the taxpayer or his spouse can be deducted according to the standard of 1000 yuan per month.
5 Housing rent: Taxpayers and their spouses have no housing in the taxpayer's main working city, but the rental expenses incurred in renting housing in the main working city can be deducted according to the monthly 800 yuan to 1.200 yuan.
6. Supporting the elderly: taxpayers who support their parents over 60 years old (inclusive) will be deducted according to the standard of 2,000 yuan per month.
"Judging from the standards of these special additional deductions, the overall tone is' leniency', which better follows the principles of fairness, reasonableness, effective burden reduction and improvement of people's livelihood." Sun Gang, a researcher at the Chinese Academy of Fiscal Science, believes that the individual tax reform involves hundreds of millions of people, and each person's specific situation is different. How to deduct and how much to deduct is a big problem. From the operational point of view, the scheme simplifies complex problems as much as possible, so that the people can understand it and the tax authorities can easily implement it.
"Among the above six deductions, only the deduction standard for housing rent is sub-regional, and other deductions are a standard in the country, which greatly reduces the difficulty of operation." Liu Yi, a professor at Peking University, said that especially for children's education, the deduction ranges from preschool education to doctoral education, covering almost all children's education between the ages of 3 and 30, and the intensity is still very strong.
References:
State Taxation Administration of The People's Republic of China, People's Republic of China (PRC)-Personal income tax calculation table with monthly income below 20,000 yuan.
Shanghai Municipal People's Government-Six special surcharges, how to deduct individual taxes?