Does "income tax" also occur even for student part -time jobs?｜ @Dime at Daim

If the income exceeds a certain amount, even in college and high school students, as well as college students and high school students, payments such as income tax and resident tax will be obliged.It is important to note that the burden on the students increases and at the same time affects the amount of tax payments of parents.

In this article, we will explain the mechanism and income deduction that generates income tax in a student part -time job.I want you to check the case where too much tax returns and deepen your knowledge at this opportunity.

What is the "wall of income"?

The "wall of income" that you often hear is a certain income line that changes the tax burden between the student and the parent.So how specifically, the income of students who increase the tax burden?

Over 1.03 million yen annual income

If a student in the parent's dependents gets a salary of over 1.03 million yen a year by a part -time job or the like, he will be out of the dependent.As a result, parents are not eligible for dependent deductions, and income taxes are imposed on the part that exceeds 1.03 million yen for students.If you have a part -time job, it will be determined by whether or not all salaries will be over 1.03 million yen.

Over 1.3 million yen annual income

If the salary income of students exceeds 1.3 million yen, in addition to the above -mentioned tax burden, a duty to pay social insurance premiums for the person.In other words, you must pay the national health insurance and the national pension insurance premium in order to deviate from the social insurance of the parent (dependent).

What is "working student deduction"?

Even if the salary income of students exceeds 1.03 million yen, there is a system that expands the tax -exempt slot by satisfying certain requirements.In the first place, "deduction" is a mechanism that reflects the personal circumstances of taxpayers in tax calculations and reduces the tax burden.So what kind of system is "working student deduction"?

System for students who go to school while working

"Working student deduction" is one of 15 kinds of income deductions, which reduces the tax burden of students studying while working.The deduction of the working student deduction is 270,000 yen, and there is a great advantage that the annual income of 1.03 million yen, which generates income tax, can be expanded to an annual income of 1.3 million yen.

Requirements for receiving a working student deduction

Any student does not apply deduction.Therefore, it is necessary to check the requirements in advance when applying.The outline of the requirements is as follows.

1.What you are learning at a prescribed school

In the "prescribed school" in working student deduction, 1) elementary schools, junior high schools, high schools, universities, and high schools, etc.Those that take certain courses among the installed vocational schools or various schools, 3) A vocational training corporation that conducts certified vocational training based on the Occupational Event Development Promotion Law is to take a certain course.

2.The total income amount of the student themselves must be less than a certain level

The total amount of income due to work, such as part -time salary, is less than 750,000 yen, and income other than salary income (real estate income, etc.) must be 100,000 yen or less.In other words, if the student's income is only salary and the total amount is 1.3 million yen or less, if you subtract 550,000 yen for "deduction of salary income (deductions deducted from salaries)", 750,000 yen or less.To meet the requirements.

How to apply for working student deduction

In order to receive a working student deduction, it is necessary to make a year -end adjustment or final tax return.If the year -end adjustment is performed at a part -time job, it is possible to file a declaration by filling out the required items in the "Dependent deduction (transfer) tax return" and submitted to the workplace.When filing a tax return, submit the tax return on the tax return.Note that vocational schools and vocational schools need to attach or present a certificate issued by the school.

Money may come back with a final tax return

If the salary is "withholding" from a student part -time job, the tax paid too much may be refunded by year -end adjustment or final tax return.

What is the refund?

The "withholding" is a mechanism in which the employer pays taxes by subtracting the person's income tax from the salary of employees in advance.Since the withholding amount is based on the "withholding tax table (monthly table) of salary income (monthly table)", the circumstances of taxpayers are not taken into account.For this reason, if you have withholding tax, or if you are subject to work student deductions or less with an annual income of 1.03 million yen or an annual income of over 1.3 million yen, the tax is likely to be refunded.

How to declare?

If "year -end adjustment" is performed at the place of work, submitting a dependent deduction (transfer) declaration form will re -calculate the tax amount, and it will be refunded if there is too much.The time of refund varies from company to company, but in general it is often between December and January.

If you have not been adjusted year -end, you have received salaries from two or more places, or if you quit a part -time job before 12 months, you will prepare necessary documents such as withholding slip and file your final tax return. There is a need.

Sentence / OKI