For the comprehensive income of individual residents, the taxable income shall be the income of each tax year after deducting expenses of 60,000 yuan, and the balance after special additional deduction, special additional deduction and other deductions determined according to law.
Special additional deductions, including children's education, continuing education, serious illness medical care, housing loan interest or housing rent, support for the elderly and other expenses.
Declaration method of personal income tax deduction for children's education:
1. Declaring by withholding agent The withholding agent's declaration means that the taxpayer declares the tax deduction through the unit where he works, and the unit calculates the tax that should be withheld and remitted by employees every month, and then handles the full tax declaration of all employees with the tax authorities.
2. Self-declaration of annual comprehensive income. Self-declaration of comprehensive income in that year refers to the normal tax deduction when the unit pays wages every month. After that, the taxpayer will go to the tax department for special additional deduction in the second year, and then the tax department will refund the tax.
The expenses related to the taxpayer's children receiving full-time academic education shall be deducted according to the standard of 1000 yuan per child per month. Parents can choose one party to deduct 100% of the deduction standard, or they can choose both parties to deduct 50% of the deduction standard. The specific deduction method cannot be changed within a tax year.
Legal basis:
Article 9 of the Individual Income Tax Law takes the income as the taxpayer and the unit or individual that pays the income as the withholding agent. If the taxpayer has a China citizenship number, the China citizenship number shall be the taxpayer identification number; If a taxpayer does not have a China citizenship number, the tax authorities shall issue a taxpayer identification number. When a withholding agent withholds tax, the taxpayer shall provide the withholding agent with the taxpayer identification number.