It s about your income, starting December 1st!

Mondo Social Updated on 2024-01-19

**: China ** newspaper.

From December 1, the information on the special additional deduction of individual income tax in 2024 will be confirmed!

According to the Operational Measures for Special Additional Deductions for Individual Income Tax (for Trial Implementation) issued by the State Administration of Taxation in March 2022, if a taxpayer needs to continue to apply for special additional deductions by a withholding agent in the following year, it shall confirm the content of the special additional deduction for the following year in December of each year and submit it to the withholding agent. If the taxpayer fails to confirm it in time, the withholding agent will suspend the deduction from January of the following year, and then apply for the special additional deduction after the taxpayer's confirmation.

The withholding agent shall submit the information on the special additional deduction submitted by the taxpayer to the in-charge tax authority when filing the withholding declaration in the following month.

In other words, this work needs to be completed within this month, and you can do it directly in the personal income tax app.

How to confirm?Let's take a look!

Scenario 1: If there is no change in your special additional deduction information in 2024, you only need to confirm it on the basis of 2023.

Open the individual income tax app, select [Special Additional Deduction Filling] in [Common Business] on the home page, click [One-click to bring in], and select "2024" for the deduction year to complete the information confirmation.

Personal income tax app

Situation 2: In 2024, the information that has been filled in needs to be modified.

If you need to modify the deduction information for supporting the elderly and children's education in 2024, click the corresponding deduction items in the [Fill in Record] and [Modify] on the [Fill in Details] page.

Situation 3: In 2024, special additional deductions need to be abolished, or new special additional deductions need to be added.

If you need to invalidate the items, click the corresponding deduction items in the [Fill in Record] and [Invalidate] on the [Fill in Details] pageIf you need to add a new item, select the corresponding item in the [Special Additional Deduction Filling] module to fill in.

Special reminder

The special additional deduction items of individual income tax include children's education, continuing education, serious illness medical treatment, housing loan interest, housing rent, support for the elderly, and infant and child care.

According to the provisions of the "Notice on Raising the Special Additional Deduction Standards for Individual Income Tax", starting from January 1, 2023Raise the three special additional deduction standards for individual income tax for infant and child care under the age of 3, children's education, and support for the elderly.

First, the special additional deduction standard for the care of infants and young children under the age of 3 has been increased from 1,000 yuan to 2,000 yuan per month for each infant.

The second is to increase the special additional deduction standard for children's education from 1,000 yuan to 2,000 yuan per child per month.

The third is to increase the special additional deduction standard for supporting the elderly, from 2,000 yuan to 3,000 yuan per month. Among them, the only child will be deducted according to the standard fixed amount of 3,000 yuan per month;The deduction amount of 3,000 yuan per month shared between the non-only child and siblings cannot exceed 1,500 yuan per month.

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