How to get a tax deduction for tuition in 2018

According to Russian legislation, parents can return part of the money they spent on their children's education. But there are restrictions that concern the child's age and the form of education.Child Tax CreditThe tax deduction is provided only for the child's education, but not for food or other services. Photo: Getty Monetary compensation is only due in the following cases:

  • the parent is officially employed;
  • the child's age does not exceed 24;
  • he is trained in full time;
  • there is a contract of educational services, as well as payments made for one of the parents.

If the above conditions are met, thenyou can get back part of the money for tuition fees in kindergarten, school, clubs and sections, driving school, secondary and higher specialized educational institutions. The institutions must have a license to provide educational services. If the parent did not have an official income for 12 months, and therefore did not pay taxes, then he is not entitled to compensation. To receive a tax deduction, you must submit the following documents:

  • contract with the educational institution, where the form of the child's education is indicated;
  • receipts or payments, which confirm the fact of payment for educational services;
  • application for tax deduction;
  • a certificate of income from the employer's place of work;
  • tax return;
  • the license of the educational institution;
  • a copy of the child's birth certificate.

To avoid problems with receiving the deduction, all contracts and certificates must be issued in the name of the parents.

What is the amount of the tax deduction for training

You will be able to return the money in the next period.per year of payment. For example, if you paid for tuition in 2017, then the tax deduction is due in 2018. Please note that it is possible to return money only for the last 36 months of study. In order not to miss the deadline, the application for the deduction must be submitted annually. You will be able to return 13% of tuition costs, but no more than 6.5 thousand rubles for one child. The cash deduction can be collected 3-4 months after filing the application, when the tax office checks all the data. If you have any questions or difficulties with processing compensation for your child's education, consult a lawyer. Carefully review the package of documents, all copies must be notarized.

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