Group 1 - The article focuses on the process of reporting children's education information for tax deductions in the context of personal income tax [3][4][5] - It emphasizes the importance of accurately filling out the education information, including the start and end dates of each educational stage, and how to handle transitions between different educational levels [5][7][10] - The article explains the difference between "current education stage end time" and "child education termination time," highlighting the need for clarity in reporting [7][10] Group 2 - The article outlines the steps for filling out the tax deduction form, including entering personal and spouse information, and selecting the appropriate deduction year [4][5] - It details the options for deduction ratios, allowing for full or partial deductions based on the number of children and the parents' choices [11] - The submission process is described, including options for reporting through the withholding agent or self-reporting annually [12]

Group 1 - In 2024, Chongqing reported 2.655 million taxpayers applied for personal income tax refunds totaling over 2.2 billion yuan, while 291,000 taxpayers declared additional taxes exceeding 600 million yuan, reflecting legal norms and fairness in taxation [1] - The implementation of various personal income tax preferential policies resulted in a cumulative tax reduction of 5.5 billion yuan for the year, with over 2.33 million individuals benefiting from special additional deductions, marking a 4.6% increase from 2023 [1] - The increase in personal income tax refund amounts, particularly for deductions related to children's education and elderly care, has been positively received by taxpayers, with one citizen noting a refund of over 1,500 yuan [1] Group 2 - The personal income tax system in Chongqing effectively promotes social equity by adjusting income distribution through higher taxes on high-income earners and lower or no taxes on middle and low-income earners [2] - The implementation of special additional deductions and other preferential policies demonstrates the government's commitment to improving the welfare of its citizens [2]

Core Viewpoint - The article outlines tax relief policies available for individuals and businesses affected by natural disasters, specifically focusing on the recent impact of Typhoon "Zhu Jie Cao" in Ningbo, detailing how losses can be managed for tax purposes [4][6][7]. Tax Relief Policies - Businesses suffering inventory losses due to the typhoon can deduct these losses from their taxable income, provided they are reasonable and related to income generation [7][8]. - Input tax amounts related to damaged assets do not need to be reversed for losses caused by the typhoon, as these do not qualify as abnormal losses [6][7]. - Insurance compensation received for losses due to the typhoon is not subject to value-added tax [7][9]. Personal Tax Considerations - Individuals receiving insurance payouts for typhoon-related damages are exempt from personal income tax [9]. - Donations made by individuals to disaster relief efforts through recognized charitable organizations can be deducted from their taxable income, up to 30% of their declared taxable income [9][10]. Filing Extensions - Taxpayers severely affected by the disaster may apply for an extension on tax filings, which must be approved by tax authorities [10][11]. - Taxpayers unable to pay taxes on time due to special difficulties, including those caused by natural disasters, can also apply for a payment extension, not exceeding three months [11].

Group 1 - The new personal income tax system in Chongqing has positively impacted social equity and improved people's livelihoods, with 2.655 million taxpayers applying for tax refunds totaling over 2.2 billion yuan in the 2024 tax year [1] - The implementation of special additional deductions and other preferential policies has resulted in a total tax reduction of 5.5 billion yuan for the year, benefiting over 2.33 million individuals, which is a 4.6% increase from 2023 [1] - Taxpayers have reported receiving higher refunds due to increased deduction standards for child education and elderly support, with one citizen noting a refund of over 1,500 yuan [1] Group 2 - The personal income tax refund policy for residents who sell and repurchase housing within one year allows for full refunds of taxes paid on the sold property if the new purchase is equal to or greater than the sale price [2] - Since the implementation of the housing tax refund policy in October 2022, Chongqing's tax authorities have processed over 84 million yuan in refunds, alleviating the financial burden on residents during housing transactions [2] - A specific case highlighted a citizen receiving over 10,000 yuan in tax refunds after selling an old house for 1.02 million yuan and purchasing a new one for 2.33 million yuan [2]

Group 1 - The article discusses tax deductions available for parents of students pursuing full-time master's degrees, both domestically and abroad [5][12] - Parents can enjoy tax deductions as long as their children are enrolled in full-time education, regardless of the location of the institution [12][13] - Documentation such as admission letters and student visas must be retained for tax purposes [12][13] Group 2 - The article mentions that non-full-time MBA students are not eligible for the same tax benefits as full-time students [14] - It highlights the importance of using the tax app to input educational information to potentially save on transportation costs [19] - The article emphasizes the need for taxpayers to keep relevant tax documents for five years as per tax regulations [13]

Core Viewpoint - The article emphasizes the importance of updating children's education information in the personal income tax system to ensure eligibility for tax deductions related to education expenses, particularly when transitioning from high school to university [3][19]. Group 1: Tax Deduction Process - Parents can claim a monthly tax deduction of 2000 yuan for each child in higher education, which can be fully claimed by one parent or split equally [21]. - It is crucial to update the education stage and end date accurately to ensure the deductions are effective from the month the child enters university [19][20]. - The process for updating the tax deduction information can be done through the personal income tax app or web portal, with specific steps outlined for entering children's education details [4][8][18]. Group 2: Important Reminders - Parents should complete the necessary updates by the end of August, before the child starts university, to ensure seamless tax deduction application from September [19]. - Any changes in education stages, such as moving from high school to university, require adding a new entry rather than modifying the existing one to avoid losing previous deduction eligibility [23]. - Accurate information regarding the education stage and expected graduation date is essential for the deductions to be processed correctly [20].

Core Viewpoint - The article discusses the process and requirements for submitting special additional deductions for personal income tax, emphasizing the importance of timely and accurate reporting to tax authorities [2][3][4]. Group 1: Special Additional Deductions - Special additional deductions must be submitted annually, including categories such as child education, continuing education, major medical expenses, housing loan interest, housing rent, and elderly care [2]. - The article outlines the steps for modifying and submitting housing loan interest deductions, indicating that individuals can either report through their withholding agent or self-report annually [3][4]. Group 2: Reporting Process - The reporting process involves selecting the appropriate withholding agent and confirming modifications to the deduction information, which can be adjusted if the individual changes jobs [3]. - If the new employer's information does not appear in the personal income tax app, individuals are advised to contact their new employer to ensure that employment information is reported correctly to tax authorities [4].

Core Viewpoint - The article discusses the regulations regarding the special additional deduction for continuing education expenses under the individual income tax policy in China, highlighting eligibility criteria and specific deductions available for different types of education [1][6]. Summary by Sections Continuing Education Deductions - Taxpayers can deduct 400 yuan per month for continuing education expenses related to degree programs, with a maximum deduction period of 48 months [1]. - For vocational qualification continuing education, taxpayers can deduct a lump sum of 3600 yuan in the year they obtain the relevant certificate [1][6]. Eligibility of Certificates - Only certificates listed in the "National Occupational Qualification Directory (2021 Edition)" published by the Ministry of Human Resources and Social Security are eligible for deductions [4]. - Certificates from internal company training or those obtained abroad do not qualify for the special additional deduction [6]. Multiple Qualifications - If multiple vocational qualifications are obtained in one year, only one can be claimed for the deduction, with a maximum of 3600 yuan [8]. - Taxpayers can combine deductions for both vocational qualifications and degree education in the same year, allowing for a total deduction of up to 8400 yuan [8]. Correction of Errors - Taxpayers who mistakenly report internal training certificates as vocational qualifications can correct their submissions by following a two-step process: voiding the incorrect deduction and amending the annual tax return [9][10]. - Corrections made within the annual settlement period (by June 30, 2025, for the 2024 tax year) will not incur late fees [14].

Core Viewpoint - The "Confidential Education" training certificate cannot be used for the special additional deduction for continuing education in personal income tax [4][6]. Group 1: Tax Deduction Regulations - According to the State Council's notice on personal income tax special additional deductions, taxpayers can deduct up to 3600 yuan for continuing education expenses related to vocational qualifications in the year the relevant certificate is obtained [4]. - The "Confidential Education" training certificate is not included in the National Occupational Qualification Directory published by the Ministry of Human Resources and Social Security, thus it does not qualify for the continuing education special additional deduction [6]. Group 2: Correction Steps for Incorrect Reporting - If a taxpayer mistakenly reported the "Confidential Education" training certificate for the deduction, they should take two steps to correct it [7]. - Step 1: Void the special additional deduction information by logging into the personal income tax APP and selecting the corresponding year to click "Void" [9]. - Step 2: Correct the annual settlement declaration, which is crucial. After voiding the deduction, if the annual settlement for the corresponding year has been processed, a prompt will appear to correct the annual settlement [10]. Group 3: Important Reminders - Taxpayers have until June 30, 2025, to correct any errors made in the 2024 reporting period to avoid late fees [11]. - It is essential for taxpayers to rely on official information and avoid misinformation from the internet to protect their tax credit [11].

Core Viewpoint - The article discusses various tax policies relevant to university students, particularly focusing on personal income tax exemptions and deductions related to academic achievements, entrepreneurship, and housing rental expenses. Tax Policies Related to Academic Achievements - Awards from provincial governments, ministries, and international organizations in fields such as science and education are exempt from personal income tax according to the Personal Income Tax Law [6]. Tax Benefits for Entrepreneurship - From January 1, 2023, to December 31, 2027, university graduates with an "Employment and Entrepreneurship Certificate" can deduct up to 24,000 yuan annually from their actual payable taxes for three years when starting individual businesses [11][28]. - Individual business owners with annual taxable income not exceeding 200,000 yuan will have their personal income tax halved from January 1, 2023, to December 31, 2027 [31]. Tax Relief for Small Enterprises - Small-scale taxpayers with monthly sales below 100,000 yuan are exempt from value-added tax from January 1, 2023, to December 31, 2027 [32]. - Small and micro enterprises can benefit from a reduction in corporate income tax if they meet specific criteria, including an annual taxable income not exceeding 300,000 yuan [34]. Tax Deductions for Education and Housing - Individuals pursuing further education in China can deduct 400 yuan per month for educational expenses, with a maximum deduction period of 48 months [22]. - Rent expenses for individuals without self-owned housing in major cities can be deducted at rates of 1,500 yuan per month for direct-controlled municipalities and provincial capitals, 1,100 yuan for cities with populations over 1 million, and 800 yuan for cities with populations under 1 million [15][17].