2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Many modern citizens are interested in the return of income tax for education. What is this process? How and under what conditions can it be implemented? How much money will be returned to the applicant under certain circumstances? To understand all this and not only we will try further. In reality, everything is much simpler than it seems. Especially if you carefully study the current laws of the Russian Federation.
Definition
What is a tuition tax refund?
This is how they call getting a tax deduction for educational services. The applicant can recover part of the expenses incurred for study. For example, at a university.
The study service is a social tax deduction. It turns out that it is only on account of personal income tax. What else do you need to know about her?
Terms of registration
For example, not everyone is eligible for the appropriate funds. Only under certain conditions the applicant earns the opportunity to return part of the costs for certain services. In our case, we are talking about learning.
Here are the conditions thatmust match:
- The presence of a person of citizenship of the Russian Federation. Under no circumstances will foreigners be able to issue a deduction.
- Applicant must have an official place of employment and income subject to personal income tax.
- The amount of income tax levied on the applicant's salary should be 13%. Nothing more, nothing less.
- Educational services are paid from the funds of the potential recipient of the return.
Perhaps that's all. An officially employed citizen who regularly transfers taxes to the Federal Tax Service will be able to easily request a tax refund of tuition income tax.
Important: if an individual entrepreneur claims a deduction, he will also have to transfer 13% of the profit. Other rates, even if they are higher, are not considered by the tax authorities.
For whose education
Special attention should be paid to the question of whose studies are allowed to claim a refund of income tax. Not always the applicant will be able to cope with the task.
At the moment, you can return tuition fees:
- himself (regardless of age and form of education);
- for children (more often - until they reach 23 years old, more often on the "point", but you can pay for the garden/mugs/school);
- for brothers or sisters (return conditions are the same for children).
There are no more layouts. And every modern person can now easily understand when he is en titled to a tax-type deduction for educational services.
Amounts and limits
How much will the tuition tax refund be? The answer depends on how much personal income tax the citizen transferred for a particular billing period. You cannot receive more than the amount of transferred taxes on the applicant's income.
In addition, it is important to consider that the amount of the deduction in Russia is 13% of the amount under the contract. Accordingly, so many will be able to get back for their studies.
There are some limitations that almost everyone knows about. In total, as a social deduction, it is allowed to receive 120,000 rubles. Once the total limit is reached, the applicant will no longer be eligible for a refund.
For the education of each child, brother or sister, you can demand 50,000 rubles. This limitation is permanent. In the case of self-study, there are no such restrictions.
Important: the maximum deduction for the year is 15,600 rubles.
It's really not as difficult as it seems. And it's pretty easy to get your money back. Especially if you follow some directions.
Where the request is received
Income tax refund for the education of a child, a relative or oneself is carried out only through certain authorities. Which ones?
So far the studied service is being provided:
- FTS;
- MFC;
- one stop shop service.
In some cases, you can contact private companies. But they charge a fee for their services. Therefore, such a scenario does not occur.in practice.
Important: the fastest way to return tuition income tax is through the Federal Tax Service. Especially if you send the application in person, and not by mail. This will greatly speed up the process.
Step by step instructions
What do I need to do to quickly claim a tuition tax deduction? The algorithm of actions is extremely simple. It is necessary to carefully prepare for the operation. The main difficulty is the process of collecting relevant documentation. Otherwise, everything is simple and clear.
Instructions for refunding tuition income tax looks like this:
- Prepare a specific package of references. It will change depending on the situation.
- Create and fill out an application for a service.
- Apply to the registration authority.
- Wait for a response from the Federal Tax Service. It's not such a fast process.
- Receive funds in the specified amount to the account specified in the request.
This is where all the action ends. Except for the preparation of certificates for the implementation of the task, the service will be provided without any problems.
Main documentation
Now let's look at what statements will be required to process income tax for study. With the right preparation, this is not as difficult as it sounds.
Documents for a refund of income tax for tuition must include:
- application of the prescribed form;
- identity card;
- contract foreducational services in the name of the applicant;
- checks and receipts confirming expenses;
- income statement;
- tax return for the billing period.
But that's not all. Further, the help package will change depending on the situation. What exactly will he need under certain circumstances?
For myself
For example, consider certificates for the return of money for their own education. Additionally, the citizen will need:
- speci alty accreditation;
- educational institution license;
- student reference.
All the listed certificates must be presented in originals. Copies of them are also useful. It is not necessary to certify the relevant components. Therefore, there will be no particular hassle with the social deduction.
For the child
And what documents does the income tax return for the education of children provide for? In general, the help package will almost completely coincide with the components listed earlier.
It is mandatory to attach to the request:
- birth certificate;
- certificate from educational institution;
- receipts indicating payment for educational services by the applicant.
Important: if the child has reached the age of 14, you need to bring a minor's passport with you. Additionally, in the case of studying at a university, they bring accreditation of the direction and a license of the organization.
Brothers and sisters
The most difficult scenario is the return processmoney for the education of close relatives. As we said, we are talking about brothers and sisters.
Citizen will need all the above certificates. In addition to the application, extracts are attached confirming the relationship between the participants in the operation.
Important: sometimes the Federal Tax Service requires proof that other relatives cannot pay for the education of students. But this is an extremely rare requirement.
How long to wait for an answer
We have already considered a sample of income tax refund for tuition (procedure for the implementation of the task). How fast is the service provided?
In general, obtaining a tax deduction takes from 4 to 8 months. Sometimes more or less. The Federal Tax Service considers the application for about 2-3 months, the rest of the time is spent on transferring money to the recipient's account.
Right of refusal
Can Russia refuse to refund tuition income tax? We have already studied the documents for the corresponding service and the waiting time for a response. How legal is a deduction denial?
At 100%. The Federal Tax Service may refuse to refund money for certain services, but only if there are grounds for this. The corresponding decision with justification must be presented in writing.
Most often, refusals occur if:
- applicant has no income subject to personal income tax;
- a person brought an incomplete package of papers (or invalid/fake certificates);
- applicant is not a citizen of the Russian Federation;
- limit reachedfunds due as a deduction.
Important: a refund can be requested immediately for 3 years of study. And the right to receive funds remains 36 months after payment for the relevant services.
Recommended:
Refund of tax deduction when buying an apartment: documents. Deadline for tax refund when buying an apartment
So, today we will be interested in the deadline for the return of the tax deduction when buying an apartment, as well as the list of documents that will be required to provide to the appropriate authorities. In fact, this question is interesting and useful to many. After all, when paying taxes and making certain transactions, you can simply return the “nth” amount to your account. A nice bonus from the state, which attracts many. But such a process has its own deadlines and rules for registration
For Dummies: VAT (Value Added Tax). Tax return, tax rates and VAT refund procedure
VAT is one of the most common taxes not only in Russia but also abroad. Having a significant impact on the formation of the Russian budget, it is increasingly attracting the attention of the uninitiated. For dummies, VAT can be presented in a schematic form, without going into the smallest nuances
Required documents for the tuition tax deduction: list and requirements
Tax deductions in Russia are provided for a variety of expenses. For example, for education. This article will talk about how to return part of the money spent on studying in Russia
Deadline for filing income tax return. What is required for income tax refund
Income tax refund is very important for many citizens. Everyone has the right to return a certain percentage of the funds spent. But what documents are needed for this? And how long will they make the so-called deduction?
Is it possible to get income tax refund when buying a car? Documents for income tax refund for education, treatment, purchase of housing
Any officially employed person knows that every month the employer transfers income tax from his salary to the Federal Tax Service. It makes up 13% of income. This is a necessity, and we have to put up with it. However, it is worth knowing that there are a number of cases when you can return the paid income tax, or at least part of it
