Tax reconciliation appointment for 2025 will open tomorrow. Don't miss or overlook these deductions.

The annual “additional tax refund and payment” process is about to begin again.

According to the notice issued by the State Taxation Administration, starting February 25th, the 2025 individual income tax comprehensive settlement and reconciliation appointment will officially open for booking. Citizens should be reminded that the settlement process lasts for four months. Even if you don’t get an appointment on the first day, there’s no need to worry; you can wait and handle it during off-peak times.

As previously announced by the State Taxation Administration, the appointment period for the 2025 tax year settlement is from March 1 to June 30, 2026. If you wish to handle your settlement between March 1 and March 20, you can make an appointment through the individual tax app after February 25. From March 21 to June 30, taxpayers can handle the settlement at any time without an appointment.

Since the new personal income tax law took effect in 2019, this is the seventh year of the comprehensive income tax settlement. The new law requires taxpayers to combine and calculate taxes on four types of comprehensive income—wages and salaries, labor services, author’s remuneration, and royalties—at the end of the year, and settle any owed or refundable taxes with the tax authorities.

Similar to previous years, taxpayers can enjoy certain pre-tax deductions when filing their 2025 individual income tax settlement, and can report or supplement deductions during the settlement period:

1. Deduction of 60,000 yuan for expenses;

2. Social insurance contributions such as basic pension, basic medical insurance, unemployment insurance, and special deductions like housing provident fund, if eligible;

3. Special additional deductions for eligible expenses such as childcare for children under 3 years old, education for children, continuing education, major illness medical expenses, mortgage interest or rent, and elder care;

4. Other deductions including enterprise annuities, occupational annuities, commercial health insurance, and personal pensions, if eligible;

5. Donations to public welfare and charitable causes, if eligible.

According to the “Measures for the Administration of Comprehensive Income Tax Settlement,” taxpayers who have both comprehensive income and business income can declare deductions of 60,000 yuan, special deductions, additional special deductions, and other legally determined deductions either under comprehensive income or business income, but cannot claim the same deduction twice.

For example, if a taxpayer and their spouse jointly report special additional deductions such as childcare for children under 3, education, major illness medical expenses, mortgage interest or rent, and jointly report elder care deductions with siblings, they should communicate with other filers to avoid exceeding the deduction limits or ratios. Specific reporting rules can be checked on the individual tax app.

If taxpayers report incorrectly or violate regulations, the tax authorities will issue reminders through the individual tax app, the Electronic Tax Bureau website, or withholding agents. For taxpayers who refuse to correct or explain their information, the tax authorities will suspend their eligibility for the special additional deductions. Once the taxpayer corrects the relevant information or provides an explanation, they can continue to enjoy the deductions.