One of the six special additional deductions of individual income tax is children's education deduction. Who is the subject of children's education deduction? What is the deduction standard for deducting children's education? Let's take a closer look!
Q & A on 6 special additional deductions of individual income tax: Children's education
1. Who is the deduction subject of children's education?
A: the deduction subject of children's education is the children's legal guardian, including biological parents, stepparents and adoptive parents. If someone other than parents acts as the guardian of minors, it shall be implemented mutatis mutandis.
2. Can the guardian be deducted if he is not a parent?
A: Yes, if you do act as the guardian of minors.
3. What is the scope of children?
A: children include legitimate children, illegitimate children, adopted children and stepchildren. It also includes non children who are minors but under their own custody.
4. What is the deduction standard for children's education?
A: deduct according to the standard quota of 12000 yuan per year (1000 yuan per month) for each child.
5. How is the deduction for children's education distributed among parents?
A: parents can choose to deduct 100% of the deduction standard by one party, that is, 1000 yuan per person per month, or 50% of the deduction standard by both parties, that is, 500 yuan per person per month. There are only two modes of distribution.
6. Can the deduction distribution of children's education be changed after selection?
A: the deduction and distribution of children's education shall be deducted by one party or shared equally by both parties. After the deduction method is selected, it cannot be changed within a tax year.
7. Can you enjoy the deduction for receiving education in private schools?
A: Yes. Whether children receive education in public schools or private schools, they can enjoy the deduction.
8. Can you enjoy the deduction for receiving education in overseas schools?
A: Yes. Children can enjoy the deduction whether they receive education in domestic schools or overseas schools.
9. What is the deduction method of special additional deduction for children's education?
A: the special additional deduction for children's education adopts the fixed deduction method.
10. What information should be kept for taxpayers to enjoy the special additional deduction for children's education?
A: if the taxpayer's children receive education in China, they can enjoy the special deduction for children's education without retaining any data. If the taxpayer's children receive education abroad, the taxpayer shall keep the admission notice of overseas schools, study abroad visa and other relevant education supporting materials for future reference.