According to relevant policies and regulations, personal income tax can be refunded. If college students meet the conditions for tax refund, they can get a tax refund through certain procedures. The specific steps are as follows: 1. Preparation materials: you need to prepare all your income sources and personal income tax payment, and you need to provide payment vouchers, ID cards and other materials to prove your identity and tax information. 2. Fill in the application for tax refund: fill in the application for tax refund in the prescribed format and submit it to the State Taxation Bureau. 3. Review: The IRS reviews the tax refund application to confirm the authenticity and legality of the tax refund application. 4. Received tax refund: After approval, the tax refund will be directly remitted to the applicant's bank account. It should be noted that not all college students are eligible for tax refund, as follows: 1. Personal income tax payment exceeds 20% of taxable income; 2. Personal income tax payment exceeds the balance of current prepaid tax; 3. Complete the tax declaration within the prescribed time limit. If you meet the requirements, you can refund the tax according to the above steps. The specific process may vary from region to region, so it is recommended to consult the local IRS for detailed operation process and requirements.
How do college students determine whether they meet the conditions for tax refund? According to the relevant policies and regulations of individual income tax, college students who meet the following conditions can get tax refund: 1. Personal income tax payment exceeds 20% of taxable income; 2. Personal income tax payment exceeds the balance of current prepaid tax; 3. Complete the tax declaration within the prescribed time limit. Therefore, college students can check their tax records and payment vouchers to determine whether they meet the tax refund conditions.
How to refund the personal income tax of college students needs to understand the relevant policies and processes. If you meet the conditions for tax refund, you can apply to the IRS through the processes of applying for tax refund and submitting materials. At the same time, you should keep in mind your tax records and relevant regulations, so as to know whether you meet the conditions for tax refund in time, and follow the prescribed processes and procedures to ensure that your tax refund application is successfully passed.
Legal basis:
Calculation of taxable income in Article 6 of the Individual Income Tax Law of People's Republic of China (PRC);
(1) For the comprehensive income of individual residents, the taxable income shall be the income after deducting expenses of 60,000 yuan, special additional deductions and other deductions determined according to law.
(2) For the income from wages and salaries of non-resident individuals, the taxable income shall be the balance of monthly income after deducting expenses of 5,000 yuan; Income from remuneration for labor services, remuneration for manuscripts and royalties shall be taxed.
(3) For operating income, the taxable income shall be the balance of the total income in each tax year after deducting costs, expenses and losses.
(four) if the income from property leasing does not exceed 4,000 yuan each time, the 800 yuan shall be deducted; If it exceeds 4,000 yuan, 20% of the expenses will be deducted, and the balance will be taxable income.
(5) For the income from property transfer, the taxable income shall be the balance after deducting the original value of the property and reasonable expenses from the income from property transfer.
(6) Interest, dividends, bonus income and contingent income shall be limited to the taxable income each time. Income from remuneration for labor services, remuneration for manuscripts and royalties shall be the balance after deducting expenses. The amount of remuneration should be reduced by 70%. Individuals donate their income to public welfare charities such as education, poverty alleviation and poverty alleviation, and the part of the donation that does not exceed 30% of the taxable income declared by taxpayers can be deducted from their taxable income; If the State Council stipulates that donations to charity should be fully deducted before tax, such provisions shall prevail. The special deduction specified in item 1 of the first paragraph of this article includes social insurance premiums such as basic old-age insurance, basic medical insurance, unemployment insurance and housing accumulation fund paid by individual residents in accordance with the scope and standards prescribed by the state; Special additional deductions include children's education, continuing education, medical treatment for serious illness, housing loan interest or housing rent, support for the elderly and other expenses. The specific scope, standards and implementation steps are determined by the State Council and reported to the NPC Standing Committee for the record.