2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
We all know that with each official salary we pay the state 13% of its amount. That is, with a salary of 20 thousand rubles, our income tax is 2,600. Of course, there is little pleasant. I would like to receive everything that is due to us for the work. It turns out that the income tax refund is real. Of course, everything paid for many years of work will not be returned, but at least part of the amount will be in the bank account. Now more about how this is possible.
The state returns to citizens 13% of the cost of education, treatment, apartments, voluntary pension insurance. This is done on the condition that the citizen paid income tax. Actually, it is the return of income tax paid at the time of the implementation of the above expenses. Each case requires special consideration.
Social deduction
If a citizen worked for a year, regularly paid income tax and studied at the same time, then he has the right to provide him with a social deduction. It consists in reducing the tax base (i.e., the salary received for the year), from whichhe must pay 13%. For example, the annual salary was 200,000 rubles. In the usual case, income tax will be 26,000 rubles. If in parallel during the year there was a paid education worth 40,000, and documents for a social deduction were submitted, then the tax should already be paid not from 200 thousand, but from 160,000 rubles, and it will amount to 20,800. The tax inspectorate will list the overpaid 5,200 to a bank account after checking all documents.
Here it is worth making a reservation, income tax refund is only possible up to a certain amount. The maximum possible tax deduction for training does not exceed 120 thousand rubles. This means that the largest amount that can be returned in a year is 15,600 rubles. Anything spent in excess of this amount is non-refundable.
Parents can also get a portion of their child's education back. But in this case, the deduction limit is 50,000 rubles, that is, it is possible to return income tax only in the amount of 6,500 rubles per year. In addition, it must be said that you can return the tax every year during the entire period of study in any educational institutions, if they have a license to conduct activities.
All of the above applies to other types of social deductions: pension insurance, medical treatment. Only the threshold of 50,000 is canceled for paying for services for a close relative. The maximum, in any case, is 120 thousand. The exception is expensive treatment. There is no maximum here, and the list of such services is determined by the Government of the Russian Federation.
Tax deduction after home purchase
No less popular and useful is the return of income tax when buying an apartment, or the so-called property deduction. It is provided if a citizen has purchased an apartment or a house. It also applies to the construction of a house, the purchase of building materials and repair work. It is provided only once in a lifetime and after the purchase of another apartment is not possible.
The maximum deduction in this case is two million rubles. So, if the apartment cost 3 million, only 260 thousand will return anyway. A citizen has the right to submit documents every year until the entire amount is returned.
Let's take an example. The annual salary is 400 thousand rubles. The tax is 52,000 rubles. The cost of the apartment is 1 million. The total return is 130 thousand. This amount cannot be returned within one year. This means that you will have to submit documents for income tax refund several times. For the first and second years, 52 thousand rubles will be returned, and for the third year - the remaining 26 thousand rubles.
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