Child Deductions 126. Standard Child Tax Credit

Help 2-NDFL: deduction 126

An employee, having requested a 2-personal income tax certificate from his employer, in paragraph 4 can find the tax deduction code - 126.

According to ed. Order of the Federal Tax Service of Russia dated November 22, 2016 N ММВ-7-11/ [email protected]"On approval of codes for types of income and deductions", code 126 stands for in the following way:

Standard 218 tax deductions tax code Russian Federation For the first child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to the parent, spouse of the parent, adoptive parent who provides for the child.

In practice, this means that you, as an employee, receive a standard tax deduction from your employer every month in the amount of 1,400 rubles (until the amount of your income exceeds 350,000 rubles on a cumulative basis from January) on the basis of an application for the provision of children's deductions that you previously completed .

In other words, if your monthly salary is 25,000 rubles, the employer calculates personal income tax in the amount of 13% of the amount (25,000 - 1,400) = 23,600, withholds it and transfers it to the budget.

Therefore, if you need a 2-NDFL certificate to fill out a 3-NDFL declaration (for example, for a tax refund - receiving social or property deductions), it is also important to take this deduction code into account in it. Clause 1.3 on Sheet E1 is filled in the declaration.

If this deduction code is present in the 2-personal income tax certificate of the employee, as well as any other in paragraph 3 or 4, and he does not indicate them in the declaration- such declaration will be filled out incorrectly, the amount of tax refundable will be calculated in a smaller amount than the employee could receive.

When filling out a 3-NDFL declaration on our website, you do not need to know how certain income or deduction codes are deciphered. We have automated the data from the 2-NDFL certificate, you just need to indicate the codes that are present in your 2-NDFL certificate, and our online program will automatically reflect them on the required declaration sheets.

Deduction code 126 is used in filling out 2-NDFL certificates. Read to whom and how the deduction with code 126 is provided, how to indicate it in the 2-NDFL certificate, and how to avoid a fine if the code is incorrect.

From this article you will learn

What is the deduction code 126 in the 2-NDFL certificate

All employers have to fill out certificates in the form 2-NDFL. Firstly, tax agents annually submit these certificates to the IFTS. Secondly, an employee may need a certificate during the year, for example, to obtain a loan.

In accordance with paragraph 1 of article 230 of the Tax Code of the Russian Federation, employers and other persons who pay income to individuals are tax agents for personal income tax. Payments and deductions are recorded in registers tax accounting and submit income tax returns. individuals. One of the reporting forms is the 2-NDFL certificate.

In the certificate, the employer must indicate which tax deductions he took into account when determining the amount of personal income tax. Deductions are indicated by numerical codes. This is done to unify the form and the information it contains.

The form of the certificate and the procedure for filling it out were approved by Order of the Federal Tax Service of Russia dated October 30, 2015 No. ММВ-7-11 / [email protected]"On approval of the form of information on the income of an individual, the procedure for filling out and the format of its submission to electronic form". The codes of income and deductions that are used when filling out the certificate are given in appendices No. 1 and No. 2 to the Order of the Federal Tax Service dated 10.09.2015 No. ММВ-7-11 / [email protected]

Most often, an accountant has to deal with deductions for children. Code 126 stands for standard tax deduction for the first child. What is a standard tax deduction? This is a benefit that is provided to employees with children.

Example

An employee who has minor child, a monthly salary of 25,000 rubles is accrued. When calculating personal income tax accountant takes into account a tax deduction in the amount of 1,400 rubles. Every month, the accountant deducts a tax in the amount of 3068 rubles from the employee's salary. ( * 13%). If the employee did not have minor children, the accountant would withhold a monthly tax of 3,250 rubles. (25,000 * 13%).

The deduction for the first child is provided on the basis of subparagraph 4 of paragraph 1 of Article 218 of the Tax Code of the Russian Federation to the following persons:

To birth parents and their spouse (wife),
Adoptive parents, adoptive parents, guardians, trustees and their spouses.

The deduction may be doubled in the following cases:

The worker is the only child's parent,
The spouse of the parent refused in writing to receive a personal income tax deduction.

The deduction with code 126 is provided not only for a minor child, but also for a child aged 18 to 24 years old if he studies full-time at a university, graduate school, residency, internship, military educational institution.

The deduction is provided to the employee by the employer from January 1 until the employee's income reaches 350,000 rubles. (clause 4, clause 1, article 218 of the Tax Code of the Russian Federation).

Deduction code 126 in 2018

The deduction code 126 appeared in 2017. Until 2017, codes 114 - 117 were used to designate child deductions. They denoted deductions for children provided to both natural and adoptive parents. Order of the Federal Tax Service of 11/22/16 No. ММВ-7-11/ [email protected] codes 114 to 125 have been cancelled. From 2017, codes 126 - 149 must be used instead.

The tax authorities have made changes in order to separate the categories of recipients of deductions:

Child deductions provided to natural parents and adoptive parents are indicated by codes 126-129,
The deductions granted to foster parents, guardians and trustees are indicated by codes 130-133.

Deduction codes for children in the 2-NDFL certificate:

Deduction code	Child	Amount of deduction, rub.
Recipients: parents, spouses of parents, adoptive parents


	Third and subsequent

Beneficiaries: adoptive parents, their spouses, guardians, trustees


	Third and subsequent

The deduction code 126 is for the deduction for the first child to the natural parent, adoptive parent or spouse of the parent, if he bears the cost of maintaining the child. Previously, code 114 was used for this deduction.

Since 2018, the tax authorities have again updated the list of codes that are used for reference 2-NDFL. But this time, the deductions were not affected, but new codes were added to indicate the income of individuals:

How to get a deduction with code 126

How to get a tax deduction with code 126? To do this, the employee must write an application addressed to the head of the organization in which he works. Documents confirming the right to receive a deduction must be attached to the application. The list of documents in each case is determined separately, depending on the circumstances of the deduction.

For example, if an employee asks for a deduction for a minor child, then a copy of the birth certificate is sufficient. If the child is adopted, then copies of documents on adoption, establishment of guardianship or transfer of the child to a foster family will be required.

If an employee asks for a double deduction, then documents confirming the status of a single parent will be required. And if the child is already 18 years old, then a certificate from educational institution.

Deduction code 126 in the 2-NDFL certificate: sample filling

Help 2-NDFL is filled out according to the tax registers. The procedure for filling out the certificate is approved by the Order of the Federal Tax Service of Russia dated October 30, 2015 No. ММВ-7-11 / [email protected] Here is a sample of filling out a 2-NDFL certificate with deduction code 126 provided to the employee for the first child.

Example

In 2017, the employee received a monthly salary of 50,000 rubles. Since the employee has one minor child, he was granted a deduction with code 126 in the amount of 1,400 rubles. The deduction was provided from January to July 2017, since in July the employee's income reached 350,000 rubles. Recall that this is the marginal income for receiving a deduction for the first child. Below is a sample of filling out a 2-NDFL certificate with deduction code 126.

If an employee has a second minor child, that child is also entitled to the standard tax deduction. The amount of the deduction for the second child is the same as for the first, 1,400 rubles. But for the deduction for the second child, code 127 is used. The second deduction is displayed in another field of the 2-NDFL reference. Let's show an example of filling in codes 126 and 127 in the 2-NDFL certificate.

Example

In 2017, the employee was monthly paid a salary in the amount of 18,000 rubles. The employee receives a deduction for two minor children. Since by the end of the year the employee's income did not exceed the threshold value of 350,000 rubles, the deductions for two children were provided for 12 months, from January to December. The accountant will fill out the certificate as follows:

Penalty for incorrect deduction code

If you fill out the 2-NDFL certificate in the accounting program, most likely there will be no errors. If a software is updated on time, then the codes of deductions and incomes are updated automatically. Programs do not allow filling out certificates with old codes.

If the program has not been updated for a long time, its status is irrelevant, or you fill out the certificate manually, then errors in deduction and income codes are possible.

Formally, a certificate with incorrect codes may be considered unreliable. This will result in a fine of 500 rubles. for each unreliable certificate (clause 1 of article 126.1 of the Tax Code of the Russian Federation).

If a we are talking about a technical error, the penalty can be avoided. What errors can be considered technical? For example, if the accountant indicated old code, mixed up the codes or indicated the same code for the deduction for the second child as for the first. In this case, the tax itself is calculated correctly. To avoid a fine, you need to take two steps.

First, send a letter of objection to the fine to the IFTS. There are two arguments:

The tax base and the tax amount were calculated correctly, that is, the tax amount was not underestimated,
Neither the interests of the employee nor the interests of the budget were affected, therefore they should not be fined (Letter of the Federal Tax Service of November 16, 2016 No. BS-4-11 / [email protected]).

Secondly, submit updated certificates with correct codes. Do not forget to indicate the sequence number of the correction, for example, 001, 002, etc.

Another thing is if the error is not technical, but computational. For example, exceeded maximum amount income after which there is no deduction. In this case the tax base underestimated, and the tax is calculated incorrectly. If inspectors detect such an error, a fine cannot be avoided.

On December 26, 2016, the Order of the Federal Tax Service of November 22, 2016 No. ММВ-7-11/633 "On amendments and additions to the annexes to the order of the Federal Tax Service of Russia of September 10, 2015 No. ММВ-7-11/" On approval of codes of types income and deductions. In this regard, from December 26, 2016, new codes must be reflected in the 2-NDFL certificates issued to employees. Also, updated codes of income and deductions will need to be indicated in the 2-NDFL certificates for 2016, which tax agents will submit to the IFTS in 2017. We will tell you how the codes of income and deductions have changed.

When to enter new codes

Organizations and individual entrepreneurs (which are tax agents) are annually required to submit to the IFTS information on the income of employees for the past calendar year in the form of a certificate 2-NDFL. It is necessary to submit certificates 2-NDFL for 2016:

with sign 2 - no later than March 1, 2017;
with sign 1 - no later than April 3, 2017 (since April 1, 2017 falls on Saturday, certificates can be submitted next Monday, clause 7 of article 6.1 of the Tax Code of the Russian Federation). Cm. " ".

Also, 2-NDFL certificates may need to be issued to employees "in hand" if they apply for them. They may need help, for example, to apply for a loan. The 2-NDFL certificate form provides that in 2-NDFL certificates it is necessary to show income and deduction codes that are associated with a particular individual. The list of new codes of income and deductions for personal income tax was approved by the Order of the Federal Tax Service of November 22, 2016 No. ММВ-7-11/633. New deduction codes should be applied already when filling out 2-NDFL certificates from December 26, 2016. Now let's see what exactly has changed.

The form of the certificate of income of an individual (2-NDFL) and the procedure for filling it out were approved by order of the Federal Tax Service of Russia dated October 30, 2015 No. ММВ-7-11/485. This form applies in 2017. new form certificate 2-NDFL for 2017 was not approved.

New income codes

In the 2-NDFL certificate, tax agents (organizations or individual entrepreneurs) reflect only those incomes, the source of payment of which is themselves. Moreover, the type of income paid to the employee is reflected in the personal income tax certificate 2 in the form of a special code.

What income to consider
The certificate in the form 2-NDFL must include all income that is taxed. Thus, take into account all the amounts that were paid to the citizen, both under an employment contract and under a civil law contract (clause 3, article 226, article 210 of the Tax Code of the Russian Federation).

The income of individuals is reflected in section 3 of the 2-NDFL certificates. The title of this section reflects tax rate applied to income. If during 2016 the same person received income subject to personal income tax on different rates, then section 3 will need to be completed separately for each tax rate.

When filling out the table in section 3 of the 2-NDFL certificate, applications 1 “Income codes” and 2 “Deduction codes” must be applied to the order of the Federal Tax Service of Russia dated September 10, 2015 No. ММВ-7-11 / 387. Each type of income and each type of tax deductions is assigned special codes. For example, income in the form of wages corresponds to the code 2000. When paying remuneration for other civil law contracts- code 2010, when paying temporary disability benefits - code 2300. If there is no special code for income - code 4800. Income codes are reflected in section 3, for example, like this:

The main income codes have not changed. However, since December 26, 2016, the meaning of some income codes has been updated, and some codes have also been added. In particular, there are two new codes that will need to be indicated in the references for many tax agents, namely:

New deduction codes

From December 26, 2016, standard deductions with codes 114 - 125 were excluded from the application. Instead, new deduction codes were introduced for the 2-NDFL certificate in 2017 from 126 to 149. This was done due to the fact that earlier for parents, adoptive parents, guardians , trustees and adoptive parents had uniform deduction codes. However, since December 26, 2016, codes for parents (adoptive parents) and codes for guardians, trustees, foster parents have been separated, since a deduction of 12,000 rubles has been established for parents of disabled children, and for guardians (trustees, foster parents) - in the amount of 6000 rubles.

note
You must submit child deductions only to those employees whose income is taxed at a rate of 13%. To exercise his right, the employee must write a statement to which attach a copy of the child's birth certificate.

Deduction code	Comment	Deduction amount
126	For the first child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to the parent, spouse of the parent, adoptive parent who provides for the child.	1400 rubles
127	For the second child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to the parent, spouse of the parent, adoptive parent, on whose provision the child is.	1400 rubles
128	For the third and each subsequent child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to the parent, spouse (spouse) of the parent, adoptive parent who provides for the child	3000 rubles
129	For a disabled child under the age of 18 or a full-time student, graduate student, intern, intern, student under the age of 24, who is a disabled person of groups I and II to the parent, spouse of the parent, adoptive parent, on whose provision the child is.	12 000 rubles
130	For the first child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24, the guardian, guardian, foster parent, spouse (spouse) of the foster parent, who are supported by child.	1400 rubles
131	For the second child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24, the guardian, guardian, foster parent, spouse (spouse) of the foster parent, who are supported by child	1400 rubles
132	For the third and each subsequent child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24, guardian, guardian, foster parent, spouse (spouse) of the foster parent, providing for the child.	3000 rubles
133	For a disabled child under the age of 18 or a full-time student, graduate student, intern, intern, student under the age of 24, who is a disabled person of groups I and II to a guardian, guardian, foster parent, spouse (spouse) of the foster parent, on provision which the child is	6000 rubles
134	Double the amount for the first child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to a single parent, adoptive parent	2800 rubles
135	Double the amount for the first child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to the sole guardian, trustee, foster parent.	2800 rubles
136	Double the amount for the second child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to a single parent, adoptive parent.	2800 rubles.
137	Double the amount for the second child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to the sole guardian, trustee, foster parent	2800 rubles
138	Double the amount for the third and each subsequent child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to a single parent, adoptive parent	6000 rubles
139	Double the amount for the third child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to the sole guardian, trustee, foster parent.	6000 rubles
140	In double the amount for a disabled child under the age of 18 or a full-time student, graduate student, intern, intern, student, cadet under the age of 24, who is a disabled person of group I or II to a single parent, adoptive parent.	24 000 rubles
141	In double the amount for a disabled child under the age of 18 or a full-time student, graduate student, intern, intern, student, cadet under the age of 24, who is a disabled person of groups I and II to the sole guardian, trustee, foster parent.	12 000 rubles
142	Double the amount for the first child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to one of the parents of their choice on the basis of a statement about the refusal of one of the parents from receiving a tax deduction.	2800 rubles
143	In double the amount for the first child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to one of the foster parents of their choice based on a statement of refusal of one of the foster parents parents from receiving a tax deduction.	2800 rubles
144	Double the amount for the second child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to one of the parents of their choice on the basis of a statement about the refusal of one of the parents from receiving a tax deduction.	2800 rubles
145	Double the amount for the second child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to one of the foster parents of their choice based on a statement of refusal of one of the foster parents parents from receiving a tax deduction.	2800 rubles
146	Double the amount for the third and each subsequent child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to one of the parents of their choice based on a statement of refusal of one of parents from receiving a tax deduction.	6000 rubles
147	Double the amount for the third child under the age of 18, as well as for each full-time student, graduate student, intern, intern, student, cadet under the age of 24 to one of the foster parents of their choice on the basis of an application for refusal of one of the foster parents parents from receiving a tax deduction.	6000 rubles
148	Double the amount for a disabled child under the age of 18 or a full-time student, graduate student, intern, intern, student, cadet under the age of 24, who is a disabled person of group I or II, to one of the parents of their choice on the basis of an application for refusal of one of the parents to receive a tax deduction.	24 000 rubles
149	Double the amount for a disabled child under the age of 18 or a full-time student, graduate student, intern, intern, student, cadet under the age of 24, who is a disabled person of group I or II, to one of the foster parents of their choice on the basis of an application about the refusal of one of the adoptive parents from receiving a tax deduction.	12 000 rubles

New codes in 2017 will need to be shown in section 4 of the 2-NDFL certificate for 2016.

It is noteworthy that not only those whose child has not reached eighteen years of age can use it. When providing a certificate from an educational institution confirming that the child is studying full-time, the benefit continues to be valid until the child reaches the age of twenty-four. It is also worth noting that this deduction code has been used since the end of 2016. Previously, it was coded 114, which also referred to the first child under the age of majority or receiving education, but only in full-time education. The amount of deduction code 126 is 1400 rubles. This means that this part wages employee is not taxed. That is, a monthly savings of 182 rubles is obtained. Also, we must not forget that the deduction ceases to apply if the amount of wages for the calendar year has reached 350,000 rubles.

Deduction code for children 126 and 144

The deduction code 126 and 127 in the 2-personal income tax certificate can be seen directly under the column with the employee's income. By dividing the amount of each of them by 1400, you can find out for how many months the deduction was provided. If the employee has already received his benefit for the given month, then the employer establishes deductions only from the next month.

If there was a break between jobs, then a refund for this period is not provided. It is noteworthy that if an employee managed to change several jobs in a year, he will have to take certificates from each of them. Even if it was worked out there for several days. Income must be summed up and entered into the base in order to correctly calculate taxes.
Otherwise, for those who want to use the tax deduction code 126 and 127, you must bring a copy of the children's birth certificates, as well as a personal statement.

How to fill in tax deductions in the 3-NDFL declaration?

It is necessary to add information about the presence of children in the 3-NDFL declaration in two cases:

If there are children, and at the enterprise where the citizen works, the standard tax deduction due to each parent was not accrued. In this case, you can fill out a 3-NDFL declaration, indicate all the necessary data and return the money due;
The employer has accrued the child's deductions due to the employee, and they are displayed in the 2-NDFL certificate. To fill out the 3-NDFL declaration correctly, you must transfer all the data to a new document.

There are two situations that need to be considered.
The first case: the 2-NDFL certificate indicates deductions for the child, that is, the employer has provided the due standard benefit. These numbers can be found in the 2-NDFL certificate in Section 4 - where standard, social, investment and property tax deductions are indicated.

Indication of deduction 126 in 3-ndflu Indication of deduction 126 in 3-ndfl

Because with the same sale of real estate, for example, it is not necessary to indicate such data in the declaration Reply with citation Up ▲

02/17/2018, 02:31 PM #7 Message from bukh1017 Your income for months 6 and 7 is not reflected, so the program does not find deductions. Generate an income code (any), indicate month 6, (7), income is zero. And the deduction will be formed in these months Ahaha)) Thank you, I would never have thought of this myself, I’ve already broken my head - where does the error come from when calculating the deduction .. The logic of the program developers is incomprehensible - why did they do it, last year everything worked without such strange frills) ) Reply with quote Up ▲
04/05/2018, 07:33 #8 Filling out deduction 126 in 3-NDFL Good afternoon! Please tell me how to display in the declaration the amount of the deduction for code 126 in the amount of 6750. Since May, she went on vacation, then on maternity leave. I can't figure out how to display this amount.

Deduction code 126 and 127 for personal income tax

In the month in which this amount was collected, deduction codes 126 and 127 will not be valid. If a child is born: we carry documents If an employee who works at the enterprise has a child, then he can immediately bring the entire package of documents for standard deduction codes 126 and 127, and any other. It all depends on what kind of child appeared in the family.
This requires only two documents: a personal statement and a copy of the birth certificate of the child. However, nuances are possible. If a parent is raising a child alone, he must also provide documents that confirm this. These include a certificate for single mothers in form number 25, a death certificate of the second parent, a certificate stating that he was recognized as missing.

How to fill in tax deductions in a 3-NDFL declaration?

Attention

What if the employee did not receive the benefit? It happens that the employee did not know that he was entitled to any personal income tax benefit. Probably, he either was not informed about this, or did not provide documents in a timely manner. In this case, he can return the amount overpaid by him to the tax authorities.

To do this, you must provide tax service package of documents. The deduction code 126 and 127 in the 3-NDFL declaration will also have to be indicated if it is under this value that suitable deductions are made. It is also necessary to take a certificate from the place of work in the form 2-NDFL, as well as copies of the birth certificates of children, if necessary, and certificates from their place of study.

It is worth remembering that you can return the amount only for the last three years. That is, in 2017 you can get money for 2014, 2015, 2016.

As a result, the same 5 months remain, in which the income did not exceed the maximum threshold of 350,000 rubles, but the benefit during this period is provided at 1,400 rubles for each child, as a result, a benefit of 14,000 rubles will be received for two children. If the purpose of the declaration is to return exactly the standard deduction, then at the end of the year you can get 13% of this amount in your hands. This number, displayed in Section 1, is 1820 rubles.

It should be noted that only two children can be indicated in the first tab, since it is for the first two children that a tax benefit of 1,400 rubles is provided monthly for each. For every third child, a tax deduction of 3,000 rubles is provided, so all other children, starting from the third, are entered separately. If a citizen, for example, has four children, two are indicated in the first line, two more are indicated in the second line.
Withdrawals" in the following order:

checked the box "Give social tax deductions";
in the subsection "Amounts spent on their education" indicated the amount of 45,000 rubles;
left the rest of the fields blank.

After entering the data, the completed “Deductions” section in the program began to look like: Sheet E1 of the 3-NDFL declaration dedicated to social and standard deductions began to look like this (reflecting the amount of standard and tax deductions): See the article “Tax deduction codes” for new tax deduction codes for personal income tax - table for 2017. The nuances of using the right to deduction (year of use, deductions for previous years, where 3-personal income tax is submitted with deductions) An individual who wants to use his right to deduct must take into account that: 1.
Standard tax deductions may apply to many employees. However, not every employee is aware of this. By the way, employees of the personnel department or accounting department are not required to inform applicants about this, since the provision of documents is the right of the employee, and not his duty. Deduction codes 126 and 127 are the most common, as they are related to the first and second child.

Important

general information A tax deduction is a kind of benefit for an employee. It is noteworthy that there are several types. The most popular are personal deductions for children. The former include small amounts that are not taxed and to which participants in wars, as well as disabled people of the first and second groups, are entitled.

01/17/2018, 12:20 #2 Irena-D, why do you fill out 3-personal income tax? Didn't they give you deductions at work? Reply with quote Up ▲
01/17/2018, 12:23 #3 Your income for months 6 and 7 is not reflected, so the program does not find deductions. Generate an income code (any), indicate month 6, (7), income is zero. And the deduction will be generated for these months Reply with quote Up ▲
01/17/2018, 02:23 PM #4 Thank you very much!!!Everything worked out Reply with quote Up ▲
01/17/2018, 02:24 PM #5 Message from Nad.K Irena-D, why do you fill out 3-personal income tax? Didn't they give you deductions at work? friends asked for help) Reply with quote Up ▲
01/17/2018, 02:35 PM #6 Well, I asked about it And about why this is necessary.

It is also worth bringing a copy of the passport, which indicates that after the death of a spouse or the status of a single mother, the parent did not marry. This is necessary so that the accounting department knows which codes to apply. The personal income tax deduction code 126 and 127 applies only to those who are raising a child in a complete family.

For a single parent, these amounts will be doubled. It is also worth paying attention to the change of surname. This is especially true for women. If the maiden name is entered on the birth certificate, and now the employee has other data, then it is also worth bringing a document confirming this. In this case, it will be a marriage certificate.

In a personal statement, you should indicate your data, in which department the employee works, as well as the data of the child, starting with the last name, first name and patronymic and ending with the date of birth. You should also sign and date the application.

Here, a check mark is placed on the provision of a standard deduction and the number of children is indicated. Let there be one child. Then a unit is set. What is the result? When you go to sheet E1, you can see the number 7000 rubles. You can trust the program or calculate yourself.

Based on the 2-NDFL certificate, it turns out that within 5 months the citizen's income did not exceed the maximum possible threshold of 350,000 rubles. It is during these 5 months that you can get tax break per child - 1400 rubles per month. Thus, when multiplying 1400 rubles by 5, the number 7000 rubles is obtained.
It is this information that is displayed in the 3-NDFL declaration. You should know how else you can manipulate the number of children. If, for example, there are two children, then in this case it turns out 1400 rubles for each.

Hello! I fill out a 3-NDFL declaration for property deduction. Bought a house in 2017 land plot. In the 2-NDFL certificate, I was provided with tax deductions for 2017: Code 503 - the amount of 4000 rubles. And code 126 is the amount of 14,000 rubles. In the 3-NDFL declaration, where exactly (in which section and paragraph) should these amounts of deductions be indicated? I can't figure it out. Minimize Victoria Dymova Support Officer Pravoved.ru Try to look here: You can get an answer faster if you call the free hotline for Moscow and the Moscow Region: 8 499 705-84-25 Free lawyers on the line: 6 Answers from lawyers (1) Aleksey, kind day Code 126 is the code for the standard tax deduction for the first (by date of birth) child in the amount of 1,4000 rubles for 10 months.

Deduction code 127 in the declaration 3 personal income tax 2018 how to fill out

Otherwise, for those who want to use the tax deduction code 126 and 127, you must bring a copy of the children's birth certificates, as well as a personal statement.

Deduction code for children 126 and 144

To do this, you must submit a package of documents to the tax service. The deduction code 126 and 127 in the 3-NDFL declaration will also have to be indicated if it is under this value that suitable deductions are made. It is also necessary to take a certificate from the place of work in the form 2-NDFL, as well as copies of the birth certificates of children, if necessary, and certificates from their place of study.

It is worth remembering that you can return the amount only for the last three years. That is, in 2017 you can get money for 2014, 2015, 2016.

Deduction code 126 and 127 for personal income tax

Attention

3-personal income tax for tax deduction - download declaration 2018

What to enter into the program, you need to check the box “source of payment” at the bottom of the box “Calculate standard deductions from this source”, and then go to the block “deductions” - “standard deductions” In this block - check the box - as highlighted in file The program itself will set the amount of deductions for the year. If it is true that the amount of income is 350,000 rubles. since the beginning of the year fell on November, then the program will put deductions for 10 months of 14,000 rubles. Deduction 503 is a deduction for financial assistance. or for gifts.
This deduction is filled in the "income information" field * highlighted in the screenshot. Good day! All services of lawyers in Moscow Arbitration tax disputes Moscow from 50,000 rubles. Escort tax audits Moscow from 20,000 rubles.

Indication of deduction 126 in 3-ndflu Indication of deduction 126 in 3-ndfl

01/17/2018, 12:20 #2 Irena-D, why do you fill out 3-personal income tax? Didn't they give you deductions at work? Reply with quote Up ▲
01/17/2018, 12:23 #3 Your income for months 6 and 7 is not reflected, so the program does not find deductions. Generate an income code (any), indicate month 6, (7), income is zero. And the deduction will be generated for these months Reply with quote Up ▲
01/17/2018, 02:23 PM #4 Thank you very much!!!Everything worked out Reply with quote Up ▲
01/17/2018, 02:24 PM #5 Message from Nad.K Irena-D, why do you fill out 3-personal income tax? Didn't they give you deductions at work? friends asked for help) Reply with quote Up ▲
01/17/2018, 02:35 PM #6 Well, I asked about it And about why this is necessary.

Indication of received tax deductions in the 3-NDFL declaration

IFTS. These can be deductions:

standard (personal or children's) or social costs for treatment, training, if a person did not use them at the place of work;
social (for charity, contributions to non-state Pension Fund or additional contributions in the FIU), which are provided only by the IFTS;
investment (according to securities) if it is not used in full size with tax agents;
property (for the sale of property, obtaining compensation for real estate, buying a home and mortgage interest), for some of which the submission of a declaration to the IFTS is mandatory.

The IFTS has the right to refund the tax only after checking the declaration, all the data of which are confirmed by certificates of 2-NDFL on income for the year and copies of documents evidencing the right to apply required deduction(or deductions).

This requires only two documents: a personal statement and a copy of the birth certificate of the child. However, nuances are possible. If a parent is raising a child alone, he must also provide documents that confirm this. These include a certificate for single mothers in form number 25, a death certificate of the second parent, a certificate stating that he was recognized as missing.

Where to enter in the declaration 3 personal income tax for 2018 deduction code 126

However, for the latter it will be somewhat wider. If an employee has two children under the age of eighteen or full-time students, he must provide the following documents:

Personal statement. In one, you can enter both children at once.
Birth certificate of both children, as well as their copies. It is worth noting that even if the child already has a passport, it is the certificate that is provided, since it is in this document that there is information about the parents.
Help in the form 2-NDFL, if the employee gets a job.

It is also worth noting that if the first child no longer fits the category of persons for whom the deduction is provided, then a certificate for him still needs to be brought. This confirms the fact that the child for whom code 127 is used is the second.

For information on how to fill out the 3-NDFL declaration, read the article “Sample Filling tax return 3-NDFL". Is it always necessary to fill out 3-personal income tax for a property deduction? You can do without filling out 3-personal income tax for a property deduction when using deductions for the costs of buying (or building) housing and mortgage interest. This is permissible in situations where, in the year in which the full package of documents necessary for such a deduction is collected, a person applies to the Federal Tax Service for a notification of the right to a deduction and, on the basis of this notification and a similar document received annually in subsequent years, returns tax at work.

If he uses for return of personal income tax on this basis, only such an algorithm of actions, then he may not need a 3-NDFL declaration to receive a property deduction in connection with the purchase of housing.

Info

Previously, it was coded 114, which also referred to the first child under the age of majority or receiving education, but only in full-time education. The amount of deduction code 126 is 1400 rubles. This means that it is this part of the employee's salary that is not taxed. That is, a monthly savings of 182 rubles is obtained. Also, we must not forget that the deduction ceases to apply if the amount of wages for the calendar year has reached 350,000 rubles.