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How does serious disease medical treatment deduct individual income tax?

Released Date: Feb 21,2023 Article Source: HUANZE

With the development of economy, the country has introduced many preferential tax policies. For example, when serious illness medical treatment actually occurs, it can be credited according to relevant policies to reduce personal income tax.

 With the development of economy, the country has introduced many preferential tax policies. For example, when serious illness medical treatment actually occurs, it can be credited according to relevant policies to reduce personal income tax.

In a tax year, the taxpayer's personal burden (refers to the out-of-pocket part within the scope of the medical insurance) accumulated exceeds the medical expenses related to the basic medical insurance after deducting the medical insurance reimbursement15000The yuan portion shall be paid by the taxpayer when handling the annual settlement in80000The medical expenses incurred by the taxpayer can be deducted by himself or his spouse, and minors can be deducted by one of their parents. However, the taxpayer shall also keep the original or photocopy of the medical expense reimbursement bill for future reference after deduction.

Therefore, both individuals and enterprises need to understand the tax policy, because it is closely related to our lives, otherwise it is likely to cause us to pay more taxes, to increase the cost of living.

How does serious disease medical treatment deduct individual income tax?

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