Tax Whoever is paying the expenses Who can declare college can declare the college tuition fees in the Income Tax, either the student himself or parents and guardians. In this case, the dependent must be at most 24 years old and be in higher education. In addition to graduation, it is possible to deduct the costs of Early Childhood Education, Elementary and High School, in addition to specializations, masters and doctorates. Regardless of whether you are responsible or the student himsel.
It is recommended to always
check which modality is more advantageous for the taxpayer, the complete or the simplified one. It is important to check which one offers a higher refund or a lower tax to be paid. Trending professions in 2023: discover the Cameroon Mobile Number List most promising areas Expenses that cannot be entered when declaring college Not all education-related expenses are tax-deductible. The following expenses must not be declared: Food and transportation to college; Acquisition of books, digital devices, photocopying.
Student financing installments,
Tickets and accommodation to study abroad; Participation in congresses and other academic events. Is there a college spending limit that can be declared? Yes, it is BRL 3,561.50 per person. The calculation of the tax to be paid Aero leads will be based on this limit. If the sum of your college tuition exceeds this ceiling, you can inform the difference in the “Non-deductible portion/refunded amount” space in the “Payments Made” field. Does anyone who hired Fies or another type of student credit have to declare it in the 2023 Income Tax? Yes, but in two different fields.
