Squatting tax refund means that taxpayers choose to operate at the first time when the system is opened in order to handle the final settlement of individual income tax as soon as possible, so as to obtain the tax refund as soon as possible.
The final settlement of individual income tax refers to the process of summarizing and calculating the comprehensive income of an individual in the past year, and refunding or making up taxes according to the difference between the actual tax paid and the tax payable. This process usually begins on March 1 and lasts until June 30 of each year. The following is some important information about the final settlement of individual income tax:
1.Final settlement time: Taxpayers can make final settlement through the IIT app or other designated methods between March 1 and June 30.
2.Operation method: Taxpayers can make an appointment through the IIT app, or directly carry out the final settlement online.
3.Tax refund amount: Different taxpayers have different circumstances, some people may be refunded to thousands or even tens of thousands of yuan, while others may need to pay back taxes.
4.Note: Since many people choose to operate at the beginning of the opening, the system can be very busy. It is recommended that taxpayers arrange their time reasonably and handle it off-peak to avoid system congestion.
In general, for taxpayers who want to complete the final settlement as soon as possible, squatting tax refund is a good choice, but it should be noted that because the system may be busy due to excessive access, it is recommended that taxpayers remain patient and arrange their final settlement time reasonably.