Social Tax Deduction Calculator
Calculate the maximum social tax deduction and tax refund for expenses on education, medical treatment, and other eligible costs.
How to Use the Social Tax Deduction Calculator
- Enter total eligible social expenses.
- Enter your income tax rate (e.g. 13%).
- Click Calculate to see max deduction and expected refund.
使用场景
- •Planning tax refunds from education expenses.
- •Estimating refunds for medical treatment costs.
- •Optimising social deductions in annual tax filing.
- •Comparing different expense amounts and their tax impact.
公式
Max deduction = min(expenses, 120,000). Tax refund = max_deduction × tax_rate / 100.
常见问题
What expenses qualify for a social deduction?
Education, medical treatment, voluntary pension contributions, and charitable donations typically qualify for social tax deductions.
What is the maximum deduction amount?
In many jurisdictions the annual social deduction cap is 120,000 in local currency per taxpayer.
How do I claim the deduction?
File a tax return with supporting documents for your eligible expenses and the deduction will reduce your taxable income.