According to the Tax Legislation of the Russian Federation, a standard tax deduction for children is provided on the basis of a written application from an employee and attached supporting documents.
Necessary
- - statement;
- - birth certificate of the child;
- - 2-NDFL certificate from the previous place of work.
Instructions
Step 1
When providing a tax deduction for children, a certain amount is deducted from the total amount of income, and 13% of personal income tax is withheld from the rest of the income to the budget. The amount of standard tax deductions and the procedure for providing them for children are described in detail in Art. 218 of the Tax Code of the Russian Federation, there you can also read the characteristics of possible tax deductions.
Step 2
Parents, foster parents, guardians and custodians of the child are eligible for child tax deductions. A prerequisite for granting tax relief: they must receive official income from which 13% tax is withheld.
Step 3
When filling out an application for the provision of standard tax deductions for children, you must provide the company's accounting department with birth certificates of children, a 2-NDFL certificate from the previous place of work (if any), a certificate from an educational institution.
Step 4
The standard tax deduction is provided for all children under the age of 18, for each of the full-time students, including students, graduate students, residents under the age of 24.
Step 5
The upper limit of the total income for one tax period has been determined, exceeding which, the taxpayer loses the right to this type of tax deduction. In 2014, the upper limit is 280,000 rubles.
Step 6
The tax deduction will vary depending on the number of children dependent on the taxpayer. The amount of tax deductions for children is periodically changed upwards. In 2013-2014, the deduction for the 1st and 2nd child was 1400 rubles. for each child, for the third and subsequent children - 3000 rubles. The tax deduction for a disabled child is also 3000 rubles.
Step 7
In some cases, a double tax deduction is provided: to a single mother or one of the parents. Prerequisite: the taxpayer who waives the tax deduction must have income taxed at a rate of 13%. At the same time, it will be necessary to submit a monthly certificate of income of the parent who refused the privilege in the form of 2-NDFL to the accounting department of the enterprise that provides a double tax deduction.
Step 8
The right of a single mother to a double tax deduction must be confirmed by appropriate documents on the absence of a second parent: death certificate, certificate from the registry office, court decision, etc.
Step 9
If during the tax period the tax deduction for children was not provided, you can exercise this right by filing a 3-NDFL declaration with the attachment of the relevant documents before April 30 of the following year.
Step 10
In addition to the standard tax deductions for children, you can also receive social ones - to reimburse part of the costs of full-time education, for the treatment of a child. When this deduction is provided, the upper bound on the costs for the tax deduction is set at RUB 50,000. for training and 120,000 rubles. for treatment.
