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Tax deduction for a child’s education: how to get in 2018, documents,
A tax deduction for a child’s education is compensation in the form of an amount of money for paying for educational services. But not everyone is entitled to this payment, you need to know some of the features.
How to get your tuition tax deduction in 2018
According to the legislation of the Russian Federation, parents can return some of the money they spent on educating their children. But there are restrictions that relate to the age of the child and the form of education.
The tax deduction is provided only for the child’s education, not for food or other services.
Monetary compensation is due only in such cases:
- the parent is officially employed;
- the child’s age does not exceed 24;
- he is studying full-time;
- there is a contract for educational services, and payments are made to one of the parents.
If the above conditions are suitable, then you can return part of the money for paying for tuition in kindergarten, school, clubs and sections, driving school, secondary and higher specialized educational institutions. The institutions must have a license to provide educational services.
If for 12 months the parent did not have official income, therefore he did not pay taxes, then he is not entitled to compensation.
To receive a tax deduction, you must submit the following documents:
- an agreement with an educational institution, which indicates the form of education of the child;
- receipts or payments that confirm the fact of payment for educational services;
- application for a tax deduction;
- certificate of income from the parent’s place of work;
- tax return;
- educational institution license;
- a copy of the child’s birth certificate.
To avoid problems with obtaining a deduction, all contracts and certificates must be issued to the parents.
What is the amount of the tax deduction for tuition
You can return the money in the next period after the year of payment. For example, if you paid for tuition in 2017, then the tax deduction is due in 2018. Please note that it is possible to refund money only for the last 36 months of study. In order not to miss the deadline, an application for a deduction must be submitted annually.
You will be able to return 13% of training costs, but no more than 6,5 thousand rubles. for one child.
The deduction can be collected 3-4 months after the submission of the application, when the tax office verifies all the data.
If you have any questions or difficulties in applying for compensation for a child’s education, consult a lawyer. Carefully review the package of documents, all copies must be notarized.