Can personal income tax be refunded in 2020?

Tax refund is available. According to the announcement of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), when the personal income tax is settled in 2020, individuals can apply for tax refund, but they must meet the relevant conditions. Check and prepare the materials to be submitted in advance.

According to the Individual Income Tax Law of People's Republic of China (PRC), every year from March 30th to June 30th, all taxpayers can refund their taxes when settling accounts. According to the announcement issued by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), the Interim Measures for Special Additional Deduction of Individual Income Tax has been officially implemented since 20 18 10 1. When the personal income tax in 20 19 is settled, individuals whose taxable income does not exceed120,000 yuan and meet certain conditions can enjoy the tax refund policy. Specifically, taxpayers who meet the following conditions can apply for tax refund: 1. The annual taxable income does not exceed10.2 million yuan; 2. Enjoy the special additional deduction of personal income tax; 3. Social insurance premium (or social insurance premium and housing accumulation fund) shall be paid continuously from June 2065438 +20654381October +0, 2065438+February 3, 20091; 4. Other tax refund related conditions. In addition, it should be noted that to apply for tax refund, relevant materials need to be prepared in advance, including personal income tax settlement declaration form, valid identity documents, various supporting materials, etc. Some vouchers, such as social security and provident fund payment certificates, can be inquired and printed by professional institutions.

What if I don't apply for tax refund within the specified time? If you miss the time to declare the tax refund on 20 19, you can declare the tax refund when the personal income tax is settled in 2020, but you need to meet the tax refund conditions. In addition, personal income tax should be declared on time every year and cannot be overdue. If it is found that the income tax is underreported or underreported, it should be corrected and paid in time.

The annual taxable income does not exceed 6.5438+0.2 million yuan, the special additional deduction of personal income tax, and the continuous payment of social insurance premiums are all conditions that eligible tax refund applicants need to meet. At the same time, it is necessary to prepare relevant materials in advance and declare personal income tax on time.

Legal basis:

Article 11 of the Individual Income Tax Law of People's Republic of China (PRC), individual income tax shall be calculated on an annual basis when individual residents obtain comprehensive income; If settlement is needed, it shall be settled within March 1 day to June 30th of the following year.