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Taking care of babies under 3 years old is tax-free.
According to the latest news, taking care of babies under 3 years old can be tax-deductible, which is deducted according to the standard of 1000 yuan per baby per month. As for the specific deduction method, one spouse can choose to deduct 100% of the deduction standard, or both spouses can choose to deduct 50% of the deduction standard. If the guardian is not a parent, it can also be deducted according to the above policy.

Keyword explanation:

1. Every baby: As long as they are under 3 years old, they can apply for tax relief, which means that no matter whether they are one child, two children or three children at home, every child can enjoy this policy.

2. Deduction method: 100% can be deducted by one party or 50% by both husband and wife.

3. Guardians are not parents, in other words, if they are grandparents, they can also be deducted according to this policy.

The latest personal income tax refund process in 2022

Step 1: Prepare the declaration form.

Install personal income tax software, register and log in first after opening the software, and enter the annual settlement and payment: common business on home page-annual settlement and payment of comprehensive income;

1) After entering the reporting interface, there are two reporting methods: using the reporting data and reporting by yourself.

2) In order to facilitate the declaration, it is recommended that you choose to fill in the declaration data. The tax authorities have pre-filled some declaration data according to certain rules, so you only need to confirm it.

3) Select to fill in the application data—After the application starts, the system will prompt the standard application instructions (using the application data), and click "I have read and understood" to start the annual final application.

Step 2: Confirm the information

Need to confirm personal basic information, remittance location and paid tax amount.

Step 3: Fill in the data.

Confirm that the pre-filled income and deduction information are correct, and click Next directly.

Step 4: Tax calculation.

The data system will automatically calculate the taxable amount of your comprehensive income this year.

Step 5: Submit the declaration.

After confirming the results, click Submit to declare.

Step 6: Tax Refund (Supplement)

If you have extra prepaid tax, you can choose to apply for tax refund.

Personal income tax calculation formula

1, the calculation formula of payroll tax

Taxable amount = (salary income-"five insurances and one gold"-deduction) Applicable tax rate-quick deduction.

2. The tax exemption is 5000, and the calculation method of excess progressive tax rate is adopted.

Tax amount = monthly taxable income multiplied by tax rate-quick deduction

Actual salary = salary payable-four gold-tax payment.

Monthly taxable income = (salary payable-four gold) -5000