Until what age are child tax deductions? Article 218 of the Tax Code of the Russian Federation. Standard tax deductions

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Today we will be interested in tax deductions for children. Up to what age are they paid? And how to arrange them? In what sizes are they provided? It is recommended that every citizen of the Russian Federation clarify the answers to these questions. They are especially important for those who will soon have children. Everyone wants to take advantage of the official opportunity to reduce personal income tax. But not everyone has that chance. Next, we will try to study the deductions for children in great detail.

Description

What do you have to deal with? And up to what age can child tax credits be issued?

This type of return is an official way to reduce the tax base when calculating personal income tax by a fixed amount. Thus, the citizen will eventually be able to pay less income tax from his salary. True, not everyone has the right to use this state bonus.

Basic conditions

Who can apply for a deduction for a child? To accomplish the task, it is necessary to complysome criteria. They are established by the state and are the same for all regions of the Russian Federation.

To be eligible for a child support claim, you must:

• be a citizen of the Russian Federation;
• have an official place of employment;
• receive a salary subject to personal income tax;
• raise children (including adopted children).

As a rule, both adoptive parents or parents are eligible for a tax deduction. One of them may waive such powers in favor of the spouse. Then the citizen will receive an increased return. Below we will consider the process of implementing the law under study.

Salary limits

It is worth paying attention to another very important point. The thing is that a tax deduction for children is possible as long as a citizen receives a salary up to a certain annual level. What does this mean?

Today, anyone who meets the above criteria can claim the refund under study, provided that he receives no more than 350 thousand rubles a year. As soon as the annual earnings become higher, the right to the tax deduction for the child is eliminated. Of course, it will be restored if income drops to the specified value.

Who is en titled to

According to Article 218 of the Tax Code of the Russian Federation, parents, guardians or adoptive parents can issue a studied bonus. The main thing is that the adoption is official, and the relationship is proven.

The legislation of the Russian Federation allows for a deduction for all children, includingdisabled people. True, up to a certain age. But we'll talk about that later.

It is worth noting that even after the age of majority, the law allows in some cases to issue a tax deduction. True, selectively.

Important: deductions are made for each child. That is, their sums add up in the end.

Main Age Limits

Want to claim a child tax credit? Up to what age is it available without special difficulties and unique conditions?

According to the law, a parent, guardian or adoptive parent may demand a reduction in the tax base when calculating personal income tax from their salary until the child reaches 18 years of age. Termination of the corresponding bonus from the state is carried out before the end of the year in which the minor became fully capable.

True, if at the same time the child finds a job or marries / marries, the right to a refund from his parents is abolished immediately. That is, from the month in which the relevant events occurred.

After adulthood

Tax deduction for a child under 18 is issued in general cases. Nevertheless, Russian legislation is very flexible. It allows you to receive a variety of benefits, bonuses and other unique opportunities for children even after they reach the age of majority. And the reduction of the tax base when calculating personal income tax from wages is no exception!

After 18 years of age, the tax deduction for a child, as already noted, is issued selectively. Usually parents can apply for itfull-time students, provided that the students are single and do not have a formal job.

In this case, the reduction in personal income tax is due until the child reaches the age of 24, or until graduation from the university, but provided that the specified age limits are not reached.

Important: the reduction in the taxable amount of the parents' salary is carried out until the end of the year in which education ceased or the child turned 24.

About sizes

The amount of tax deductions for a child is also of interest to many citizens. Not all government bonuses are profitable. Some of them involve a lot of paperwork, but the output is very little.

Fortunately, in the case of tax deductions, things are not so bad. Paperwork is minimal, and the benefit of exercising the appropriate powers really helps citizens get a small increase in the wages actually paid into their hands.

Currently, the tax deduction for 1 child is 1,400 rubles. The same can be demanded for two children. If there are three or more minors / full-time students in the family, the amount of the refund will be 3,000 rubles. Similar amounts are due not only to parents, but also to guardians/adoptive parents.

The situation is somewhat different with children with disabilities. For each "special" child, a parent can issue a deduction for 12,000 rubles, and other legal representatives - for 6,000. These amounts are relevant for both minors and studentsunder 24.

About summation

Tax deduction for 3 children helps to significantly reduce the taxable amount when calculating personal income tax from a person's salary. It is very comfortable! True, not everyone is familiar with some of the features of the studied law.

Firstly, as already mentioned, you can get an increased (doubled) deduction. It relies:

• legal lone representatives;
• those whose spouse refused the deduction for children.

Secondly, the total amount of the deduction is added up by adding the above funds for each child. That is, if there are two children in the family, the amount of the refund will be 2,800 rubles, three - 9,000 rubles, and so on.

Third, if the child for whom the deduction is due is disabled, you can get a slightly increased reduction in the tax base. For example, for one disabled child it will be possible to receive 13,400 rubles in the form of a deduction, for one disabled and one he althy baby - 14,800 rubles, and so on.

By remembering all this, everyone will be able to exercise their rights to the deduction for children. It's not as hard to do as it seems. Especially considering that the paperwork is minimal.

Design instructions

Up to what age tax deductions for children are provided, found out. Now you can figure out the order of their design. To complete the task, you need to contact your employer. This is a fairly simple process.

To apply for a child tax deduction, a citizen is recommended to proceed as follows:

1. Create a package of documents for further action. We will describe its elements below.
2. Fill out a tax return in the form of 3-personal income tax.
3. Contact your employer and apply for a child tax credit in the prescribed form.
4. Wait a while.

That's it. As practice shows, the registration of the studied bonus delivers a minimum of hassle. The process does not cause any difficulties.

About certificates for exercising the right

What documents are needed to receive a tax deduction? In our case, as already noted, paperwork will be minimal. And without much difficulty, a citizen will be able to exercise his rights.

To claim the child tax credit, you will need to prepare:

• passport;
• SNILS;
• certificate of income in the form of 2-personal income tax;
• tax return;
• birth or adoption certificate for each child;
• certificates of children's disabilities.

Additionally, the following documents may be useful:

• spouse's refusal to deduct;
• marriage or divorce certificate;
• statements indicating single parent status (e.g. death certificate of husband/wife);
• student references;
• passport (copy) of an adult student child.

All of the listed components must be brought in the originals. Not about their copies either.worth forgetting. This is the only way to get a child tax deduction.

About tax return

Some are interested in a sample of filling out a 3-personal income tax declaration to use the studied law. The form of the established form is presented below.

As a rule, the document must specify:

• Name of recipient citizen;
• address of residence;
• income information;
• data about the company where the person works;
• type of deduction (in our case - "Standard");
• standard deduction code (126-128, 130-132, 134-139, 142-147).

That's it. If you have any problems completing your tax return, you can ask an experienced lawyer or employer for help. Sometimes in the accounting departments of companies, employees are helped with the registration of a child deduction.

Now it is clear what a competent sample of filling out the 3-NDFL declaration looks like. There is nothing difficult or incomprehensible in the process. You just need to pay close attention to the process. Then it will be possible to achieve the desired result in the shortest possible time.

Conclusion

Until what age are tax deductions for children available in Russia? If we talk about the standard return - up to 18 or 24 years, respectively. And now it is clear how to issue it in one case or another.

As practice shows, the children's standard tax deduction allows you to save a little. True, if there is only one he althy baby in the family, it is not possible to reduce the taxable base by a large amount when calculating personal income tax.succeed.

Can they refuse to exercise the relevant powers? Yes, but this is a very rare case. Usually it takes place if the conditions for receiving a deduction are not met. For example, the applicant is a foreigner.

It's actually easier than it looks. The standard tax deduction for a child is the easiest personal income tax refund of all. It will not cause any serious problems for conscientious citizens.