Tax deduction for treatment

Tax deduction for treatment
tax deduction for treatment

A tax deduction is money that the state returns to you from the personal income tax you previously paid if you do something useful for our state.There are tax deductions for studying and purchasing an apartment. At this point, we will discuss the deduction for paid medical services. Social support for taxpayers is provided by the state, including by providing a tax deduction for treatment. It is enough for you to have official employment to register it, so that the employer pays personal income tax for you. The amount of this tax withheld from the taxpayer during the year is then returned to his current account. To get tax deduction for treatment , first you need to collect evidence that you underwent treatment and paid: checks, contracts and certificates from the clinic.

How to get a deduction for treatment

This deduction is not provided for individual entrepreneurs due to the specifics of their taxation system, in which the tax office does not provide for the withholding of 13% of personal income tax. The same applies to the unemployed and those who perform their work without formal legal registration of labor relations.

A deduction is an amount by which your taxable income can be reduced. This process involves either returning part of the money already withheld from your earnings by the employer or exempting the applicant from withholding personal income tax in an amount that is a multiple of the deduction.

In this case, the individual is reimbursed for all expenses for his treatment in the amount of withheld income tax from individuals during the calendar year. The maximum deduction amount can be 120 thousand rubles, and 13% of this amount is 15, 600 rubles.

In this case, documented expenses for treatment and the purchase of expensive medicines are taken into account. All drugs must be purchased strictly with the prescription of the attending physician, which is confirmed by a prescription and a license from a medical institution. In this case, the deduction is provided both to the taxpayer himself and to his immediate relatives.

There are specifics to sanatorium-resort treatment, when you pay only for medical procedures, and not for relaxation. The deduction is provided within three years after the end of treatment, that is, this year you can once again submit documents for reimbursement for 2017. If you receive a deduction from your employer, it is submitted immediately after the end of the calendar year, and the Federal Tax Service will reimburse you for expenses for the previous year after March 31, when the declarations are submitted.

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