Income tax payable = taxable income * applicable tax rate

1. Taxable income = monthly income-5,000 yuan (threshold)-special deduction (three insurances and one gold, etc. )-special additional deduction-other deductions determined according to law.

Second, the applicable tax rate:

Three, special additional deductions are as follows. For details, please refer to the special tax deduction;

1. Children's education: The related expenses for taxpayers' children to receive full-time academic education shall be deducted according to the standard of 1000 yuan per child per month.

2. Continuing education: The expenses for taxpayers to continue to receive academic (degree) education in China shall be deducted according to the monthly 400 yuan quota during the academic (degree) education period. The deduction period of continuing education with equivalent academic qualifications (degrees) cannot exceed 48 months. Taxpayers' expenses for continuing education of professional qualifications of skilled personnel and professional and technical personnel shall be deducted according to the quota of 3,600 yuan in the year when relevant certificates were obtained.

3. Serious illness medical treatment: in a tax year, the part of the taxpayer's medical expenses related to basic medical insurance that exceeds 15000 yuan after deducting medical insurance reimbursement (referring to the self-paid part within the scope of medical insurance catalogue) shall be deducted within the limit of 80,000 yuan when the taxpayer handles the annual final settlement.

4. Housing loan interest: The first housing loan interest expenses incurred by taxpayers or their spouses using personal housing loans or housing accumulation funds from commercial banks to purchase houses for themselves or their spouses in China shall be deducted at a fixed rate of RMB 1 000 per month in the year when the loan interest actually occurs, and the maximum deduction period shall not exceed 240 months. Taxpayers can only enjoy a first home loan interest deduction.

5. Housing rent: The housing rent expenses incurred by taxpayers who do not own houses in the main working cities can be deducted according to the following standards:

(1) For municipalities directly under the central government, provincial capital cities, cities under separate state planning and other cities determined by the State Council, the deduction standard is 1500 yuan per month;

(two) in addition to the cities listed in the first paragraph, the deduction standard is1100 yuan per month for cities with a registered population of more than100; For cities with a registered population of no more than 6.5438+0 million, the deduction standard is 800 yuan per month.

6. Support for the elderly: The taxpayer's support expenses for supporting one or more dependents shall be uniformly deducted according to the following standards:

(a) the taxpayer is an only child, according to the standard of 2000 yuan per month;

(2) If the taxpayer is a non-only child, he and his brothers and sisters will share the deduction of 2,000 yuan per month, and the monthly share of each person cannot exceed 1 1,000 yuan. Can be divided equally, can also be agreed by the supporter, can also be designated by the dependents.

If the distribution is agreed or specified, a written distribution agreement must be signed, and the specified distribution takes precedence over the agreed distribution. The specific allocation method and amount cannot be changed within a tax year.

Extended data:

Personal income tax relief items:

According to the Individual Income Tax Law of People's Republic of China (PRC), the Implementation Regulations of the Individual Income Tax Law of the People's Republic of China and related documents, the individual income tax reduction and exemption policies mainly include:

(1) Bonuses in science, education, technology, culture, health, sports and environmental protection awarded by provincial people's governments, ministries and commissions in the State Council, units of China People's Liberation Army at or above the corps level, and foreign and international organizations are exempt from individual income tax.

(2) People's governments at or above the township level, or courageous foundations or similar organizations with institutions and articles of association established with the approval of the competent departments of people's governments at or above the county level, shall be exempted from personal income tax with the approval of the competent tax authorities.

(3) Interest on bonds issued by the Ministry of Finance and financial bonds issued with the approval of the State Council shall be exempted from individual income tax.

(4) Article 5 of the State Council's "Implementation Measures for Collecting Individual Income Tax on Savings Deposit Interest" stipulates: "The income from education savings interest obtained by individuals and other special savings deposits or savings special fund deposits recognized by the financial department shall be exempted from individual income tax."

Document Caishuizi (1999) No.267 further stipulates that the interest income obtained by depositing housing provident fund, medical insurance, basic endowment insurance and unemployment insurance funds into personal bank accounts according to the proportion stipulated by the state or provincial local governments shall be exempted from personal income tax.

Guo Shui Fa (1999) 180 further stipulates that the interest earned by opening a special account for educational deposits in China Industrial and Commercial Bank and enjoying preferential interest rates shall be exempted from personal income tax.

(5) The special government allowance issued in accordance with the regulations of the State Council (referring to a special law issued by the state to those who have made outstanding contributions to the development of various social undertakings, not referring to other subsidies and allowances approved by the State Council) and the tax-free subsidies and allowances stipulated by the State Council (currently limited to the allowances for academicians and senior academicians of China Academy of Sciences and Academy of Engineering) are exempt from personal income tax.

Baidu encyclopedia-personal income tax