CCTV News: The State Administration of Taxation has announced that the 2024 personal income tax settlement will be held from March 1 to June 30, and appointments can be made from the 21st. Who needs to apply for annual personal income tax reconciliation? How to handle it specifically? Let’s find out together.
What is the annual reconciliation of personal income tax?
The annual reconciliation of personal income tax refers to the taxpayer who needs to summarize the previous year's wages and salaries, labor remuneration, royalties, and royalties to consolidate the taxes, and handle the reconciliation with the tax department and settle the refund or reimbursement of the tax.
Who needs to handle annual personal income tax reconciliation?
(I) If the tax amount paid is greater than the actual tax payable in the reconciliation and the tax refund is applied for;
(II) If the comprehensive income obtained in 2024 exceeds 120,000 yuan and the tax amount required for reconciliation exceeds 400 yuan.
If your comprehensive income last year does not exceed 120,000 yuan, or the annual taxes that should be supplemented do not exceed 400 yuan, no matter how much tax is displayed in the system, there is no need to settle the settlement.
How to handle annual personal income tax reconciliation?
The annual comprehensive settlement of personal income tax can be handled by yourself, through the employing unit, and by entrust the trustee to handle it.
If you handle it yourself, the taxpayer can handle the annual reconciliation through the personal income tax mobile client and the Tax Bureau website, or you can file a declaration by mail or go to the tax service hall by yourself.
If the handling is carried out by the employing unit, the taxpayer must submit an agency request to the unit. The unit shall handle the handling or train or tutor the taxpayer to complete the reconciliation declaration, refund and supplementary taxes.
If the trustee is entrusted to handle the matter, the taxpayer must sign a letter of authorization with the trustee. After the unit or trustee handles the reconciliation for the taxpayer, it shall promptly inform the taxpayer of the handling situation.
Can you handle the annual reconciliation of personal income tax without making an appointment?
The annual reconciliation time for personal income tax is divided into two time periods. One is the early reconciliation period from March 1 to March 20, which requires an appointment; the second time period is from March 21 to June 30, which allows taxpayers to make an appointment at any time without making an appointment.
