Calculation formula of personal income tax refund: personal income tax that should be refunded or payable = [(comprehensive income-60,000 yuan-special additional deductions such as three insurances and one gold-special additional deductions such as children's education-other deductions determined according to law-donation) × applicable tax rate-quick deduction]-prepaid tax, in which the comprehensive income only includes salary income, labor remuneration income, royalty income and remuneration income.
Where did the tax refund go?
For individuals, the tax refund will be paid directly to their accounts. If the enterprise refunds tax, it shall be returned to the account number filled in when the enterprise declares tax payment. Taxpayers can log in to the personal income tax APP and check their bank card information. Without a bank card, they can bind a Class I bank card in their own name, which can become a collection bank card for tax refund.