What are the tax deductions for the child, where to apply for tax deductions for the child, how to calculate the tax deduction for the child

Taxes are a sensitive issue for all people who work. The fact is that many do not understand why they pay this money and to whom, and also regret the considerable amount they could have had they had not had to pay taxes. However, there are several loopholes that allow you to cut tax payments for you. One such benefit is the availability of children. Tax deductions for a child somewhat reduce this amount. According to the tax code, each parent or each guardian receives a deduction of about 1000 rubles. That is, on average, the family will receive 2,000 more than they could without such deductions. By the way, they are made for each child. That is, if you have two, the family saves 4000 already on taxes, if five - 10,000 rubles. However, not all parents are aware of such deductions, and the institutions in which they work, use this ignorance of their employees and do not pay them what they owe.

What if you want to get your legal deductions? First of all, you must provide all the necessary documents proving that you have children. Then you need to write an application for tax deductions for the child, to which you attach all the papers, including those in which it is reported that he goes to kindergarten, to school, or to a college or university. Deductions will be made as long as your children will be studying at the full-time department of an educational institution. Only a child who entered a college or university will need to provide a fresh certificate from the university every six months indicating that he is still a student. Parents should give this certificate to work in the department of wages. If the certificate is not provided, no deductions are made.

How to calculate the tax deduction for a child? The fact is that for the first and second child, parents receive standard amounts of money normalized by law. As a rule, it is from 1000 to 1400 rubles. However, for the third and each subsequent baby the state already gives about 3000 to each of the parents. The tax deductions for the child are calculated at a rate of 3000 rubles, if the child is disabled, a full-time student or a graduate student. By the way, such tax benefits are given to parents until the child turns 24 years old. From the moment of birth, there is no tax deduction for the child. By the way, if you previously did not know that the organization in which you work, should make you a tax deduction for the child, do not be discouraged. Money - the entire amount for these years - you will definitely be reimbursed. You just need to bring a certificate, which confirms the presence of a child under the age of 18, or a student or cadet.

Who should calculate the tax deductions for the child? Usually it is done by accountants of a firm who are engaged in wages. All tax deductions they mark in the settlement sheet. There you will be able to see whether all the accrued and clarified the nuances of interest to you. However, in matters of recalculating tax deductions, the accountant may not be competent. In this case, you will be sent to the tax inspectorate, to deal directly with the tax agents themselves .

So, the salary of a person who has children naturally will be higher than that of a person who does not have children. All this does not happen because the second one does not work well, but because of these deductions. Thus, the state tries to encourage fertility: the amount saved as a result of deductions is still difficult to call impressive, but every year it becomes larger.

For more information on what tax deductions for a child should be, you can find out by reading the Taxation Law and all amendments to it. This will help you understand the nuances of the procedure.