Starting from March 1, the 2023 personal tax settlement will officially begin. Some taxpayers can apply for a tax refund, while others need to pay back taxes.
Taxpayers can report or make supplementary deductions during the settlement period. Special additional deductions for qualified infant care under 3 years old, children’s education, continuing education, serious illness medical treatment, housing loan interest or housing loan rent, and supporting the elderly are available. The processing time for individual tax settlement in 2023 is from March1 to June 30, 2024.