Specifically, it includes basic old-age insurance premium, basic medical insurance premium, unemployment insurance premium and housing accumulation fund. The three insurances and one gold paid by individuals according to regulations can be deducted when calculating the taxable income of individual income tax from wages and salaries. As for maternity insurance premiums and work-related injury insurance premiums, they are borne by the unit and individuals do not need to pay them.
Starting from 20 19 1, personal wage income and labor income are deducted from the original deduction after deducting expenses such as children's education, continuing education, serious illness medical care, housing loan interest, housing rent and support for the elderly. Paying personal income tax and enjoying additional deductions for education, medical care and old-age care will further reduce the tax burden of the people, increase the real income of residents and enhance their spending power.
No, but the deduction is three insurances and one gold.
What are the special additional deductions for personal income tax?
1, children education
The standard is 1000 yuan per child per month.
Education means that from the age of 3 to doctoral students (including studying abroad), both parents will deduct 50% or one of them will deduct 100%, which cannot be changed within one year after the choice.
2. Support the elderly
Standard: only child, at 2000 yuan/month; Non-only children, sharing with brothers and sisters, less than or equal to 1000 yuan per person per month.
3, housing loan interest
Standard: RMB 1 ,000 per month, with the longest deduction period not exceeding 240 months.
4. Housing rent
1) Deduction for municipalities directly under the central government, provincial capitals and cities with separate plans 1500 yuan/month.
2) Other cities (the population of municipal districts exceeds 654.38+00000) will be deducted 654.38+065.438+000 yuan/month.
3) 800 yuan/month is deducted from other cities (the population of municipal districts does not exceed 6.5438+0 million).
Tip: The rental expenses incurred in the main working city without housing can be deducted, and only one of the husband and wife can be deducted in the same main working city.
5, serious illness medical treatment
Standard: 80,000 yuan/year
Tip: Medical expenses can be deducted if the personal burden exceeds 15000 yuan after medical insurance reimbursement, and the upper limit is 80000 yuan.
6. Continuing education
Standard: academic degree (degree) 400 yuan/month, equivalent academic degree (degree) less than or equal to 48 months.
Continuing education, in the year of obtaining the certificate, will be deducted by a fixed amount of 3,600 yuan.
Tip: Continuing education with bachelor degree or below can be deducted by myself or my parents.
To sum up, the special additional deduction expenses for personal income tax include children's education expenses, expenses for supporting the elderly, mortgage, housing accumulation fund, medical expenses for serious illness and expenses for continuing education. When paying personal income tax, these special additional expenses cannot be deducted in advance, so taxpayers must apply for tax refund in accordance with the regulations when settling accounts.
Legal basis:
Article 11 of the Individual Income Tax Law of People's Republic of China (PRC)
When individual residents obtain comprehensive income, they shall pay individual income tax on an annual basis; If there is a withholding agent, the withholding agent shall withhold the advance tax on a monthly basis or every time; If settlement is needed, it shall be settled within March 1 day to June 30th of the following year. The withholding measures shall be formulated by the competent tax authorities of the State Council.
Where individual residents provide withholding agents with special additional deduction information, the withholding agent shall deduct the withheld tax in accordance with the provisions when withholding monthly, and shall not refuse. If a non-resident individual has a withholding agent for income from wages and salaries, remuneration for labor services, remuneration for manuscripts and royalties, the withholding agent shall withhold and pay the tax on a monthly basis or every time, without making final settlement.