Working parents can get a tax deduction for their children's education

MOSCOW, August 31 - RIA Novosti. Working parents can apply for a tax deduction and return up to 14.3 thousand rubles a year for paid clubs and sections that their children attend, as well as for additional classes in kindergarten, State Duma deputy Dmitry Svishchev (LDPR) told RIA Novosti.

“Working parents, guardians and trustees who pay personal income tax can receive a tax deduction for paid clubs and sections that their children attend, as well as for additional classes in kindergarten. At a personal income tax rate of 13%, you can return up to 14.3 thousand rubles for each child. The only condition is that the organization where the child is studying must have a license for educational activities,” Svishchev said.

As the parliamentarian noted, the right to deduction remains with parents until the child reaches adulthood, and in the case of full-time education - up to 24 years of age inclusive. He clarified that the right to a deduction is provided when paying for paid sections and clubs, including music, drawing and foreign languages, school preparation courses in kindergarten, as well as additional classes in public and private educational institutions.

“The maximum amount of expenses with which you can receive a deduction for the education of each child is 110 thousand rubles per year. This is the total limit for both parents. It is important that the deduction is not provided for childcare, food and utility bills, but only for the educational part,” the deputy added.

Svishchev recommended that parents follow the following algorithm: check whether the organization has a license for educational activities, after paying for classes, request from the institution a certificate of payment for educational services for the tax office and submit an application through the taxpayer’s personal account on the Federal Tax Service website or the State Services portal. According to him, the money will go directly to the specified bank card within a couple of months, in addition, the application can be submitted through the employer.