The time for tax settlement in 2026 is set, which is related to income. Many people still don't know these three key issues

Important reminder: State Taxation Administration of The People's Republic of China has issued a notice. From March 1, 2026, the final settlement of the comprehensive income of personal income tax in 2025 officially began.

Some people can refund thousands of dollars, but others have to pay taxes-the difference lies in knowing the rules.

Let's make it clear once and for all today: Who needs the annual settlement of personal income tax? What can be deducted from personal income tax in 2026? What is the personal income tax in 2026? It is recommended to collect it first, and then check it yourself.

01 core time, please remember.

According to the circular, the processing time for the final settlement of the comprehensive income of personal income tax in 2025 is from March 1 to June 30, 2026.

There is an important change here. In order to avoid the peak period, the tax department has launched the "appointment processing" service:

I want to do it early (March 1-March 20): I need to make an appointment. From February 25 th, everyone can log in to the "Personal Income Tax" App to make an appointment in advance.

Don't worry (March 21-June 30): You don't need to make an appointment, just log in to the App at any time.

Suggestion: friends who expect to get a tax refund are advised to make an appointment early, leave early and leave the bag early for safety; It is expected that friends who need to pay taxes can do it before June 30, but remember not to overdue, so as to avoid late payment fees affecting credit information.

Interpretation of dry goods: These three problems are the most critical.

Every year, the most frequently asked question is "Do I need to do it?" "How much can I deduct?" "How much do you earn to pay taxes?" . For these three core pain points, we will answer them one by one.

Question 1: Who needs the annual settlement of personal income tax?

(Focus! It must be done if it meets the following conditions! )

According to the latest notice of State Taxation Administration of The People's Republic of China, the time for final settlement in 2025 is from March 1 to June 30, 2026, and the taxpayers to be handled are divided into three categories:

1. Prepaid tax amount > payable tax amount, and tax refund is required.

For example, the monthly salary is deducted but the annual income is less than 60 thousand, or the special additional deduction is not fully enjoyed (such as renting a house and supporting the elderly, etc.)

2. The annual income is > 120,000 and the tax payment is > 400 yuan.

It is common in the case that there are many kinds of income such as wages and labor remuneration at the same time, and the prepaid tax is insufficient.

3 sources of income confusion or omission

If the freelancer fails to truthfully declare the remuneration for labor services, or the unit fails to withhold taxes according to law.

Who doesn't have to do it?

Annual income ≤ 120,000 or supplementary tax ≤400 yuan (direct exemption! )

Prepaid tax amount = payable tax amount (you don't need to apply for tax refund).

Question 2: What can be deducted from personal income tax in 2026?

The core of individual tax settlement is the calculation of "comprehensive income". In 2026, the current deduction system will still be adopted for the final settlement of comprehensive income of individual income tax in China.

Basic deduction of expenses:

In 2026, the personal income tax threshold will continue to maintain the standard of 5,000 yuan per month (60,000 yuan for the whole year). This means that taxpayers with an annual income of less than 60,000 yuan can basically bid farewell to individual taxes.

Seven special additional deductions:

The special additional deduction in 2026 includes seven items, covering the main stages of life:

1. Children's education: 2,000 yuan per child per month (from preschool education to full-time academic education).

2. Infant care under 3 years old: 2,000 yuan per month.

3. Supporting the elderly: the only child is 3,000 yuan per month; Non-only child sharing, no more than 1500 yuan per person per month.

4. Housing loan interest: 1000 yuan per month (limited to the first suite, up to 240 months).

5. Housing rent: 800 yuan, 1,100 yuan or 1,500 yuan per month, depending on the city size.

6. Continuing education: 400 yuan (academic education) or 3,600 yuan (professional qualification certificate) per month.

7. Serious illness medical treatment: the part with personal burden exceeding 15,000 yuan shall be deducted according to the facts within the limit of 80,000 yuan.

It is worth noting that these deductions need to be confirmed in December each year. If there are new or changed deductions in 2026, it is no longer possible to supplement the confirmation, but it can be filled in at the time of final settlement and enjoy tax refund.

Key points: If your situation changes in 2025 (such as having a baby, buying a house, and your parents are over 60 years old), you must update the information before the final calculation, which can save you a lot of money.

The third question: How much personal income should be paid in 2026?

Many people are concerned: How much personal income should be paid in 2026? In fact, due to the existence of special additional deduction, the actual threshold is much higher than 5000 yuan/month.

Calculation formula of taxable income:

Taxable income = annual income-60,000 yuan basic deduction expenses-special deduction (three insurances and one gold)-special additional deduction-other deductions

According to the current tax rate table, the comprehensive income is subject to the excess progressive tax rate of 3% to 45% -3. Take an employee who has a 3-year-old child and needs to support the elderly as an example:

Suppose the monthly income is 8,000 yuan, after deducting three insurances and one gold about 1000 yuan, and then deducting 2,000 yuan for children's education and 3,000 yuan for supporting the elderly, the taxable income is 0. There is no need to pay any tax.

For a single person with a monthly income of 15,000 yuan: after deducting about 2,000 yuan for three insurances and one gold, the taxable income is 8,000 yuan/month (96,000 yuan per year). According to the tax rate table, the portion exceeding 36,000 yuan to 144,000 yuan is subject to 10% tax rate, and the annual tax payable is about 5,880 yuan.

Therefore, when your monthly income still has a balance after deducting various items, and your annual income exceeds 60,000 yuan, you need to start paying attention to your tax situation.

03 summary

In 2026, the individual tax is calculated, so remember these three sentences:

1. The annual income exceeds 120,000 yuan or the overdue tax exceeds 400 yuan → it must be done;

2.7 special additional deductions+personal pension → save if you can;

3. After deducting various deductions, the part exceeding 60,000 yuan shall be taxed according to the tax rate table.

Beware of four kinds of scams:

During the period of tax settlement, it is also a period of high incidence of various frauds:

1. Professionals help you get more tax rebates: Don't provide a tax App account number, password and bank card number to strangers.

2. Inducing to fill in false tax information: This kind of scam is fraudulent and will bring risks that cannot be ignored to personal property and social security -1.

3. The tax inspector will contact you: The tax inspector will not inform taxpayers to provide relevant information through SMS, QQ, WeChat and other channels.

4. Providing the so-called "manual tax refund": Be vigilant when receiving the so-called "manual tax refund" call.

All tax rebates are completed in the tax App, and there is no "artificial green channel". Do not disclose personal information to others.

Operation guide for final settlement in 2026:

(Teach you to retreat more and make up less)

1. Make an appointment (March 1 -20)

Download "Personal Income Tax App" → Login → Click "Annual Calculation of Comprehensive Income" → Select the appointment date.

2. Fill in the deduction

Add information such as renting a house in 2026 and supporting the elderly in the APP "Special Additional Deduction Reporting" (support one-click to bring in previous years' data).

3. Refund/payment of taxes

Tax refund: bound to the bank card, and automatically received after approval.

Tax payment: payment must be completed before June 30, otherwise a late fee will be charged.

In short, the final settlement of individual taxes is not only an important moment to fulfill civic obligations, but also to safeguard one's own rights and interests. Especially for the migrant workers who are old and young, making full use of the special additional deduction may bring back a big "surprise" at the end of the year.