Tax administration services (soil) reminded taxpayers of the possibility of certain reductions. personal expenses when presenting annual declarationcorresponding invoice and pay Transfers may be made by wire transfer, credit card, debit card, or personal check.
Among the deductible expenses are: soil Found Medical expenses, dental expensespsychology, nutrition, nursing, and treatment methoddisability or residual disability costs, hospitalizations, medications included in hospital bills; analysis purchasing or renting equipment for clinical, laboratory research, prosthetics, and rehabilitation; glasses Graduated opticians, the latter up to P2,500.
he soil is also specified. funeral expenses If the service does not exceed the annual update unit of measurement (UMA) corresponding to the fiscal year, taxpayerhis spouse or a concubine, parent, grandparent, child or grandchild. of Donation Contributions granted to an accredited institution or federation are deductible up to 7% of the cumulative income of the previous year in the case of an accredited recipient and up to 4% if granted to a federation.
in the case of, Tuition feeThe amount deducted per child varies depending on the situation. education level. moreover, School transportation expenses It can be deducted if required or included in the tuition fee.
of contribution Complementary or spontaneous withdrawal Some are sent directly to subaccounts. Deductible amountand deposits to special account and something personal to him savings related to age, retirement, retirement, unless exceeding 152,000 pesos In that year.
payment of bonus medical expense insurance Complementary or independent public health services are eligible for deduction if: beneficiary The taxpayer, his or her spouse, common-law wife, lineal ascendant or descendant. of What I’m interested in what was actually paid mortgage loan Using the financial system, you can also deduct INFONAVIT or FOVISSSTE.
The total amount of personal deductionThis amount may not be exceeded, except for incapacity and disability medical expenses, voluntary and supplemental retirement contributions, deposits into special savings accounts and tuition fees. 5 UMAs each year of the year declared, or 15% of gross incomeincluding those that are exempt, and choose the lower of both limits.
On the other hand, according to soilhe Simplified trust system (RESICO) aims to natural person carrying out business activities, providing professional services, obtaining rental income or developing agricultural, livestock, fishing and forestry activities; income Not to exceed 3.5 million pesos per year.
Under this system, you can pay between: Income tax 1% and 2.5% (ISR), according to the total earned income Although not within the period, deduct There are no types of costs. he soil People who pay tax under a simplified trust system will Personal deduction cannot be applied.
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