Most of the citizens of the Russian Federation receive higher education while already working people. Such specialists are allowed to fill out a declaration for a deduction for educational activities, which is 13% of the amount spent on tuition fees. But there are some reservations in the legislation.
It is necessary
- - calculator;
- - 2-NDFL certificate;
- - receipts of payment for tuition;
- - the tax code of the Russian Federation.
Instructions
Step 1
Working students are eligible to receive social tax deduction, from whose income tax deductions go to the state budget. This is confirmed by a 2-NDFL certificate from the citizen's place of work, on which the seal of the organization and the signature of the head and chief accountant must be present.
Step 2
The amount of the deduction is calculated from the amount of money spent on education. This is confirmed by receipts, bank statements or a certificate from the accounting department of the educational institution, which indicate the payment period, last name, first name, patronymic of the student and the amount of tuition fees.
Step 3
The legislation establishes the maximum size of the social tax deduction base, which is fifty thousand rubles. Accordingly, a citizen who filled out and submitted a declaration to the tax office will receive 13% of no more than fifty thousand rubles, that is, six thousand five hundred rubles.
Step 4
If the amount of your expenses spent on educational activities is less than the maximum size of the base for calculating the deduction established by tax legislation, and the amount of your income for a calendar year is more than the amount of expenses, then the amount of tax deduction due to be paid from the state budget is calculated as the product of the amount your expenses for the personal income tax rate.
Step 5
If the amount of your expenses is less than fifty thousand rubles, and the amount of income is less than the amount of expenses, then the amount of deduction is calculated as the product of the amount of your income by 13%.
Step 6
If the amount of expenses and the amount of income is greater than the maximum size of the base for calculating the social tax deduction, then the amount of the deduction is calculated as the product of fifty thousand rubles by the rate of personal income tax.
Step 7
If the amount of expenses is more than fifty thousand rubles, and the amount of income is less than the maximum size of the base for calculating the amount of tax deduction, then the amount of social tax deduction is calculated as the product of the amount of income by 13%.
