I would like to ask how the personal income tax is calculated

Income from wages and salaries is subject to the progressive tax rate of excess, with a tax rate of 5% to 45% calculated according to the tax rate table, but the tax threshold is different in each place (for example, 800 in Chengdu) Individual income tax rate table 1 (applicable to income from wages and salaries).

Progression. Taxable income for the whole month. Tax rate ( ).

1..No more than $500 .5 ..

2 ..The part exceeding 500 yuan to 2000 yuan...10 ..

3 ..The part exceeding 2000 yuan to 5000 yuan...15 ..

4 ..The part exceeding 5,000 yuan to 20,000 yuan...20 ..

5 ..The part exceeding 20,000 yuan to 40,000 yuan...25 ..

6 ..The part exceeding 40,000 yuan to 60,000 yuan. 30 ..

7 ..The part exceeding 60,000 yuan to 80,000 yuan. 35 ..

8 ..More than 80,000 yuan to 100,000 yuan...40 ..

9 ..The part over 100,000 yuan...45 ..

The calculation of individual income tax should be (1) the applicable tax rate for different income categories: the nine-level excess progressive tax rate is applicable to the income from wages and salaries, the five-level excess progressive tax rate is applicable to the income from contracting and leasing operations, and the other income is generally 20%; (2) Calculate taxable income by different income categories: income from wages and salaries is calculated on a monthly basis, and a fixed exemption amount (like 1,260 yuan) can be deducted according to the tax law after deducting the tax exemption items stipulated by the state; The income from contracting and leasing operations is generally calculated on an annual basis, and the monthly exemption amount is the same as that of wages and salaries (i.e., deducting 1260*12); Some other income (such as manuscript fees) can be deducted by 20% of the fee, and some (such as interest and dividends) cannot be deducted; (3) Calculation formula:

Taxable amount = taxable income * applicable tax rate - quick deduction; Taxable amount = taxable income * tax rate.

According to the withholding and withholding method, the calculation formula of individual income tax is as follows:

1. Cumulative withholding and prepayment of taxable income = cumulative pre-tax salary payable in the current year - cumulative individual income tax threshold - cumulative personal part of five insurances and one housing fund - cumulative special additional deduction.

2. The amount of tax to be withheld and prepaid in the current period = (cumulative amount of withholding and prepayment of taxable income and amount of land relatives * withholding rate - quick deduction) - cumulative amount of withholding and withholding.

2. New individual income tax rate table

1. If the salary range is between 1 and 5,000 yuan, including 5,000 yuan, the applicable individual income tax rate is 0%;

2. If the salary range is between 5,000 and 8,000 yuan, including 8,000 yuan, the applicable individual income tax rate is 3%;

3. The salary range is between 8,000 and 17,000 yuan, including 17,000 yuan, and the applicable individual income tax rate is 10%;

4. The salary range is between 17,000 and 30,000 yuan, including 30,000 yuan, and the applicable individual income tax rate is 20%;

5. If the salary range is between 30,000 and 40,000 yuan, including 40,000 yuan, the applicable individual income tax rate is 25%;

6. If the salary range is between 40,000 and 60,000 yuan, including 60,000 yuan, the applicable individual income tax rate is 30%;

7. If the salary range is between 60,000 and 85,000 yuan, including 85,000 yuan, the applicable individual income tax rate is 35%;

8. If the salary range is more than 85,000 yuan, the applicable individual income tax rate is 45%.

The formula for calculating individual income tax is individual income tax = taxable income tax rate - quick deduction. After the implementation of the new individual income tax, the monthly income of more than 5,000 yuan will be levied individual income tax, and the individual income tax rate is according to the tiered tax rate, that is, the higher the income, the higher the tax rate.

According to the provisions of the tax law, after the end of 2020, resident individuals (hereinafter referred to as "taxpayers") need to summarize the income amount of four incomes (hereinafter referred to as "comprehensive income") obtained from January 1 to December 31, 2020, including wages and salaries, remuneration for labor services, author's remuneration and royalties, after deducting expenses of 60,000 yuan, special deductions, special additional deductions, other deductions determined in accordance with the law and qualified public welfare and charitable donations (hereinafter referred to as "donations"). The individual income tax rate of comprehensive income is applied and the quick deduction is subtracted (the tax rate table is as follows) to calculate the final tax payable for the current year, and then subtract the prepaid tax amount for 2020 to obtain the tax refund or additional tax payable, and declare to the tax authorities and apply for tax refund or tax payment.

Calculation of taxable income according to Article 6 of the Individual Income Tax Law of the People's Republic of China:

1) The comprehensive income of individual residents shall be the taxable income after deducting 60,000 yuan of expenses and special deductions, special additional deductions and other deductions determined in accordance with the law in each tax year.

2) The income from wages and salaries of non-resident individuals shall be the taxable income after deducting the monthly income of 5,000 yuan; Income from remuneration for labor services, author's remuneration and royalties shall be taxable income based on the amount of each income.

The taxable income is the balance of the total income of each tax year after deducting costs, expenses and losses.

4) Where the income from property lease does not exceed 4,000 yuan each time, 800 yuan shall be deducted from expenses; If the amount of 4,000 yuan is combined with more than 4,000 yuan, 20% of the expenses shall be deducted, and the balance shall be the taxable income.

5. The income from the transfer of property shall be the balance of the income from the transfer of property after deducting the original value of the property and reasonable expenses, which shall be the taxable income.

6) Interest, dividends, bonuses and incidental income shall be taxable with the amount of each income.

What does personal income tax deduction mean?

The special deduction of individual income tax means that when calculating the tax payable, in addition to the special deductions such as the 5,000 threshold and social insurance, six expenses such as children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and supporting the elderly can also be deducted.

Legal analysis: 1. The calculation formula of wage individual income tax is: tax payable = (salary income five insurances and one housing fund deduction) applicable tax rate quick deduction.

2. The individual income tax exemption amount is 3500, and the calculation method for using the excess progressive tax rate is as follows:

Tax payment = monthly taxable income of all things x tax rate - quick deduction.

Actual salary = salary payable - four gold - tax paid.

Taxable income for the whole month = (payable salary - four cover gold) - 3500

Deduction standard: The individual income tax is calculated according to the threshold of 3,500 yuan per month.

Individual income tax shall be paid on the following personal income: income from wages and salaries; income from production and operation of individual industrial and commercial households; income from contracted and leased operations of enterprises and institutions; Income from remuneration for labor services; income from author's remuneration; royalty income; income from interest, dividends, bonuses; income from the lease of property; income from the transfer of property; Incidental gains; Other income determined to be taxed by the Ministry of Finance.

Legal basis: Article 3 of the Individual Income Tax Law of the People's Republic of China The tax rate of individual income tax:

1) For comprehensive income, an excess progressive tax rate of 3% to 45% shall be applied (the tax rate table is attached);

2) For business income, the excess progressive tax rate of 5% to 35% of the local liquid shall be applied (the tax rate table is attached);

3) Income from interest, dividends and bonuses, income from property leases, income from property transfer and incidental income shall be subject to a proportional tax rate of 20%.

Analysis of Fasun Liang's law: 1. The calculation formula of wage individual income tax is: tax payable = (salary return income five insurances and one housing fund deduction) Applicable tax rate Quick deduction.

2. The individual income tax exemption amount is 3500, and the calculation method for using the excess progressive tax rate is as follows:

Tax payment = monthly taxable income x tax rate - quick deduction.

Actual salary = salary payable - four gold - tax paid.

Monthly taxable income = (payable salary - four golds) - 3500

Deduction standard: The individual income tax is calculated according to the threshold of 3,500 yuan per month.

Individual income tax shall be paid on the following personal incomes: income from wages and salaries; income from production and operation of individual industrial and commercial households; income from contracted and leased operations of enterprises and institutions; Income from remuneration for labor services; income from author's remuneration; royalty income; income from interest, dividends, bonuses; income from the lease of property; income from the transfer of property; Incidental gains; Other income determined to be taxed by the Ministry of Finance.

Legal basis: Article 3 of the Individual Income Tax Law of the People's Republic of China The tax rate of individual income tax:

1) For comprehensive income, an excess progressive tax rate of 3% to 45% shall be applied (the tax rate table is attached);

2) For business income, an excess progressive tax rate of 5% to 35% shall be applied (the tax rate table is attached);

3) Income from interest, dividends and bonuses, income from property leases, income from property transfer and incidental income shall be subject to a proportional tax rate of 20%.

Legal Analysis]: 1. The calculation formula of wage individual income tax is: tax payable = (salary income five insurances and one housing fund deduction) applicable tax rate quick deduction.

2. The individual income tax exemption amount is 3500, and the calculation method for using the excess progressive tax rate is as follows:

Tax payment = monthly taxable income x tax rate - quick deduction.

Actual salary = salary payable - four gold - tax paid.

Monthly taxable income = (payable salary - four golds) - 3500

Deduction standard: The individual income tax is calculated according to the threshold of 3,500 yuan per month.

Individual income tax shall be paid on the following personal income: income from wages and salaries; income from production and operation of individual industrial and commercial households; income from contracted and leased operations of enterprises and institutions; Income from remuneration for labor services; income from author's remuneration; royalty income; income from interest, dividends, bonuses; income from the lease of property; income from the transfer of property; Incidental gains; Other income determined to be taxed by the Ministry of Finance.

Legal basis: Article 3 of the Individual Income Tax Law of the People's Republic of China The tax rate of individual income tax:

1) For comprehensive income, an excess progressive tax rate of 3% to 45% shall be applied (the tax rate table is attached);

2) For business income, a progressive tax rate of 5% to 35% shall be applied to the excess of the business income (the tax rate table is attached);

Income from interest, dividends, bonuses, income from property lease, income from property transfer and incidental income shall be subject to a proportional tax rate of 20%.

The only explanation is:

1.Your personal income tax deduction is less, and the individual income tax you should deduct is yuan, and the yuan is deducted less;

2.Your insurance is underpaid, according to the minimum standard, almost more than 150, and you only deducted 88 yuan, it must be wrong, if your personal income tax is not deducted, then your insurance should be 424 yuan.

shall be the personal income tax paid).

There may also be deductible items.