Official Dispatch No. 4761/TCT-DNNCN dated October 23, 2024, from the General Department of Taxation regarding the calculation of dependent deductions for biological children when finalizing tax returns
In cases where the taxpayer has not yet claimed dependent deductions for a biological child during the 2023 tax year, the dependent deduction will be applied from the month the caregiving obligation arose, provided the taxpayer registers the deduction and finalizes the tax return.
In cases where the taxpayer submits an additional declaration that does not change the tax obligation, they are only required to submit a supplementary explanation report and relevant documents as stipulated in point a, Clause 4, Article 7 of Decree No. 126/2020/ND-CP.
Furthermore, for the specific case of the taxpayer, the General Department of Taxation recommends that the taxpayer register the dependent deduction as guided in Article 1 of Circular No. 79/2022/TT-BTC dated December 30, 2022, issued by the Ministry of Finance, and contact the managing Tax Department for guidance on the personal income tax finalization in accordance with regulations.
