How about personal income tax refund?

Good tax refund and personal income tax refund are the welfare policies of the state to better take care of low-income people, and there is no harm. Simply put, the state will immediately refund the overpaid money. Failure to apply for tax refund means giving up the extra money paid in advance, which will not have any big impact on individuals, unless the amount of extra money paid in advance is relatively large and has a little impact on personal income.

Second, analysis

The tax authorities have made it clear that taxpayers whose annual comprehensive income exceeds 6.5438+0.2 million yuan and whose annual tax payment is above 400 yuan need to pay taxes annually. There are two main reasons for the need to pay back taxes. One is that citizens are employed in more than two units at the same time and receive wages and salaries, and the basic monthly deduction fee is repeatedly deducted when paying taxes in advance. The other is that in addition to wages and salaries, citizens also have income such as labor remuneration and royalties. And the annual comprehensive income tax rate is higher than the withholding and prepayment tax rate.

3. What is personal income tax?

Personal income tax is the general name of legal norms that adjust the social relationship between tax authorities and natural persons in the process of personal income tax collection and management. Individuals who have a domicile in China or have no domicile but have lived in China for more than one year, individuals who have obtained income from China and abroad, and individuals who have no domicile and no domicile in China but have lived in China for less than one year are all taxpayers of individual income tax.