What are specific dependents? Who is eligible, the dependent deduction amount, and points to note
Posted: Wed Dec 04, 2024 7:19 am
There are various classifications of dependents depending on age and relationship. The amount of deduction varies for each type, such as general deductible dependents, specific dependents, and elderly dependents. Here, we will take a closer look at the basic definition of dependents and the particularly noteworthy specific dependents.
What is a dependent?
A dependent relative is a relative who lives in the same household as the taxpayer and whose total annual income is 480,000 yen or less (1,030,000 yen or less if income is salary only).Specifically, this applies to blood relatives within the sixth degree of kinship and in-laws within the third degree of kinship. However, spouses are not included in dependents and are subject to a separate spousal deduction.
Dependent relatives are subject to the "dependent deduction," which allows a certain amount to be deducted from the taxpayer's income when calculating the india telegram phone number list taxpayer's income tax. In addition, the following are eligible for the dependent deduction:A relative who is 16 years of age or older as of December 31 of that year.Having dependents reduces the tax burden of taxpayers, making it an important system that helps support household finances.
Eligible specific dependents
A specific dependent is a dependent who is aged 19 to 23 as of December 31 of that year.This mainly applies to university and vocational school students, and the purpose is to support household finances during the period when the burden of educational expenses is high. If you are a specific dependent, you can receive a higher deduction than a general dependent. Specifically
,The income tax deduction amount will be 630,000 yen, which is 250,000 yen more than the 380,000 yen for general dependents eligible for the deduction.However, even if you meet the age requirement, if your total annual income exceeds 480,000 yen, you will not be recognized as a specific dependent. In addition, there are additional requirements for overseas residents such as international students.
What are the conditions for being a dependent?
What are the conditions for being a dependent?
In order to be recognized as a dependent, several conditions must be met. These conditions range from family relationship, economic dependence, and income situation. Below, we will take a closer look at the main conditions for dependents. Accurate understanding will enable you to file tax returns and apply deductions appropriately.
Spouse, relatives, and dependents, including the elderly
The scope of dependent relatives includes blood relatives within the sixth degree of kinship and in-laws within the third degree of kinship, excluding spouses.Specifically, this includes children, grandchildren, siblings, nephews, nieces, and even the siblings of one's spouse. In addition, children entrusted to the care of a prefectural governor (foster children) and elderly people entrusted to the care of a city or town mayor are also recognized as dependents.
however,Spouses are not included in dependents and are subject to a separate spousal deduction.Dependents must be 16 years of age or older as of December 31 of that year. Children under 16 are not eligible for dependent deductions, but may be eligible for support under other systems, such as child allowances.
The condition is that you share the same household as the taxpayer
In order to be recognized as a dependent, the person must be living with the taxpayer. This does not necessarily mean that they must live together. Even if they live separately, they can be recognized as living with the taxpayer if they provide financial support, such as by sending money for living expenses.
For example ,Even if a college-aged child lives alone or a parent lives in a nursing home, they may be recognized as a dependent if the taxpayer is primarily responsible for their living expenses .However, if a person lives completely independently, they will not be considered a dependent, even if they are related by blood. This condition reflects the tax law's emphasis on substantial dependent relationships.
The total annual income is 480,000 yen or less
To be recognized as a dependent relative, the relative's total annual income must be 480,000 yen or less (1,030,000 yen or less if income is salary only).This condition indicates that the dependent relative is not financially independent. The total income amount includes all income, including salary income, business income, real estate income, interest income, and dividend income. For salary income, the upper limit of 1,030,000 yen is set because it takes into account the salary income deduction (minimum 650,000 yen).
In addition, non-taxable income such as disability pensions and survivor pensions are not included in the total income amount. This condition is an important criterion when determining whether students who work part-time or as a full-time housewife/husband can be considered dependents.
Conditions for not being a full-time employee of a blue or white tax return filer
To be recognized as a dependent,The condition is that you are not receiving a salary as a full-time employee of a blue-form tax return filer, or a full-time employee of a white-form tax return filer.This is to prevent the business owner's spouse or relatives from unfairly reducing their income by recording their remuneration as necessary expenses when they are engaged in the business.
In the case of blue tax return filing, family members who receive a salary as a business dependent cannot be considered dependents, even if the amount is small. Similarly, in the case of white tax return filing, business dependents are excluded from dependents. However,There is a separate system for these business dependents called the dependent deduction.This condition is an important provision to ensure fair taxation and equitable tax burden.
What is a dependent?
A dependent relative is a relative who lives in the same household as the taxpayer and whose total annual income is 480,000 yen or less (1,030,000 yen or less if income is salary only).Specifically, this applies to blood relatives within the sixth degree of kinship and in-laws within the third degree of kinship. However, spouses are not included in dependents and are subject to a separate spousal deduction.
Dependent relatives are subject to the "dependent deduction," which allows a certain amount to be deducted from the taxpayer's income when calculating the india telegram phone number list taxpayer's income tax. In addition, the following are eligible for the dependent deduction:A relative who is 16 years of age or older as of December 31 of that year.Having dependents reduces the tax burden of taxpayers, making it an important system that helps support household finances.
Eligible specific dependents
A specific dependent is a dependent who is aged 19 to 23 as of December 31 of that year.This mainly applies to university and vocational school students, and the purpose is to support household finances during the period when the burden of educational expenses is high. If you are a specific dependent, you can receive a higher deduction than a general dependent. Specifically
,The income tax deduction amount will be 630,000 yen, which is 250,000 yen more than the 380,000 yen for general dependents eligible for the deduction.However, even if you meet the age requirement, if your total annual income exceeds 480,000 yen, you will not be recognized as a specific dependent. In addition, there are additional requirements for overseas residents such as international students.
What are the conditions for being a dependent?
What are the conditions for being a dependent?
In order to be recognized as a dependent, several conditions must be met. These conditions range from family relationship, economic dependence, and income situation. Below, we will take a closer look at the main conditions for dependents. Accurate understanding will enable you to file tax returns and apply deductions appropriately.
Spouse, relatives, and dependents, including the elderly
The scope of dependent relatives includes blood relatives within the sixth degree of kinship and in-laws within the third degree of kinship, excluding spouses.Specifically, this includes children, grandchildren, siblings, nephews, nieces, and even the siblings of one's spouse. In addition, children entrusted to the care of a prefectural governor (foster children) and elderly people entrusted to the care of a city or town mayor are also recognized as dependents.
however,Spouses are not included in dependents and are subject to a separate spousal deduction.Dependents must be 16 years of age or older as of December 31 of that year. Children under 16 are not eligible for dependent deductions, but may be eligible for support under other systems, such as child allowances.
The condition is that you share the same household as the taxpayer
In order to be recognized as a dependent, the person must be living with the taxpayer. This does not necessarily mean that they must live together. Even if they live separately, they can be recognized as living with the taxpayer if they provide financial support, such as by sending money for living expenses.
For example ,Even if a college-aged child lives alone or a parent lives in a nursing home, they may be recognized as a dependent if the taxpayer is primarily responsible for their living expenses .However, if a person lives completely independently, they will not be considered a dependent, even if they are related by blood. This condition reflects the tax law's emphasis on substantial dependent relationships.
The total annual income is 480,000 yen or less
To be recognized as a dependent relative, the relative's total annual income must be 480,000 yen or less (1,030,000 yen or less if income is salary only).This condition indicates that the dependent relative is not financially independent. The total income amount includes all income, including salary income, business income, real estate income, interest income, and dividend income. For salary income, the upper limit of 1,030,000 yen is set because it takes into account the salary income deduction (minimum 650,000 yen).
In addition, non-taxable income such as disability pensions and survivor pensions are not included in the total income amount. This condition is an important criterion when determining whether students who work part-time or as a full-time housewife/husband can be considered dependents.
Conditions for not being a full-time employee of a blue or white tax return filer
To be recognized as a dependent,The condition is that you are not receiving a salary as a full-time employee of a blue-form tax return filer, or a full-time employee of a white-form tax return filer.This is to prevent the business owner's spouse or relatives from unfairly reducing their income by recording their remuneration as necessary expenses when they are engaged in the business.
In the case of blue tax return filing, family members who receive a salary as a business dependent cannot be considered dependents, even if the amount is small. Similarly, in the case of white tax return filing, business dependents are excluded from dependents. However,There is a separate system for these business dependents called the dependent deduction.This condition is an important provision to ensure fair taxation and equitable tax burden.