How to calculate personal income tax refund amount

php editor Apple will explain to you how to calculate the amount of personal income tax refund. Personal income tax refers to the income an individual obtains from various sources in accordance with the law and needs to pay corresponding taxes in accordance with the provisions of tax laws. The personal income tax refund means that under certain conditions, individuals can apply for a refund of the personal income tax paid. The calculation method of the tax refund amount is mainly based on the calculation formula stipulated in the tax law, and is calculated based on the taxable income and applicable tax rate of personal income tax. The specific calculation process is slightly complicated, but it can be inquired and applied through the online tax system or tax service office. .

1. The formula for calculating the amount of personal income tax refund

"The amount of tax refundable or payable in the annual final calculation = (amount of comprehensive income - 60,000 yuan - each Special deductions - other deductions determined in accordance with the law - donations) × applicable tax rate - quick calculation deductions - annual prepaid tax."

1. If the calculation result is greater than 0, the tax bureau will refund the tax. If the calculation result is less than 0, Taxes need to be paid to the tax bureau.

The amount of comprehensive income refers to the total amount of four types of income received by an individual from January 1 to December 31, 2022, including wages, labor remuneration, author remuneration and royalties. .

2. The time for the personal income tax refund amount to arrive

Generally, it takes 10 working days, and it may be extended to one month in special circumstances. If you use the Personal Income Tax App to make a tax refund online, if it shows that the tax refund has been completed, it means that the tax refund declaration has been completed. At this time, if the declaration record indicates that the tax is under review, it means that you need to wait for the tax review. After the tax review is passed, you can just wait for the refund.

The above is the detailed content of How to calculate personal income tax refund amount. For more information, please follow other related articles on the PHP Chinese website!