Laws of the Russian Federation established the duty of every individual to pay taxes on income. However, there are some cases when it withheld tax can be reimbursed from the budget.In particular, this is available with the purchase of an apartment or training individuals.
Who and how can return income tax
First of all, it should be emphasized that we are talking about tax reimbursement, therefore, this rule applies only to those who receives income taxed at the rate trinadtsatiprotsentnoy.That is, people living on benefits and other non-taxable payment of personal income tax to compensate for buying an apartment or training can not.The exception is retired, who in 2012 received the right to return the transfer tax on the purchase of the three previous period.
the Tax Code PIT refund is possible in two ways: by returning already paid in the previous tax year, or at the expense of the current income tax in one of the jobs.
In both cases, it is necessary for obtaining the deduction apply to the tax at the place of residence by completing a 3-PIT declaration and provide a package of documents confirming the right to compensation.
Unable to personal income tax refund in cases where:
- payment was made by the parent capital;
- costs when buying an apartment or training paid from the employer.
property deduction when buying an apartment
Tax Code establishes the right of any citizen to compensation for personal income tax when buying an apartment or other property.However, they can use only once in their lifetime, no matter how many apartments total were purchased.The amount of compensation will amount to 13% of the value of the purchased property, and to the immediate cost of an apartment, you can add the cost of repair if it was bought without finishing (the contract), and the interest paid for the target credit (including the mortgage).However, the total amount of compensation may not exceed 260 thousand. Rubles (excluding interest).In other words, the deduction when buying an apartment can not be more than two million rubles.If the apartment is worth less than the deduction will be provided only to the extent of its cost, and compensation for personal income tax, respectively, it will be from 13%.
When buying an apartment for a tax refund should address not later than three years from the date of the transaction, however, by itself, compensation does not have a statute of limitations, ie personal income tax will be returned (or not deducted from current earnings) untilIt will be fully refunded.
Social deduction for tuition
When tuition citizens also have the right to return 13% of the amount paid by them.This can be done through personal training, and when paying for their studies have not attained the age of twenty-four children.A prerequisite for social deduction for study is the existence of the license of the institution, and if it does not own payment of study, full-time education is fundamental.
If a person receives a deduction of the social, the annual personal income tax refund of tuition possible up to 15 600 rubles.When a deduction is available for a child's education (brother, sister, ward), the amount of the tax refund amount to 6 500 rubles per year.That is directly deductions amount to 120,000 and 50,000 respectively.
apply for social net is necessary for three years from the date of expenditure.For example, for tuition in 2012 must apply for a deduction no later than 2015.
In conclusion, it is worth noting that the possibility of property and social deductions are not dependent on each other: one citizen of the tax period can offset personal income tax and for the purchase of real estate, and education.Note, however, that the amount of the deduction of social payment is distributed between the treatment and training of physical persons.
