Currently, a simplified tax deduction is available:

  • on homeownership expenses;
  • mortgage interest expense;
  • in the amount of funds deposited in an individual investment account (IIA).

Such deductions can be obtained from the Federal Tax Service without submitting a 3-NDFL declaration and supporting documents. This is twice as fast as the usual procedure for obtaining tax deductions.

From January 1, 2024, it is also possible to receive a social deduction for personal income tax in a simplified procedure. The Federal Tax Service has prepared and approved new application forms: for obtaining investment and property tax deductions for personal income tax under the simplified procedure, and for obtaining social tax deductions for personal income tax under the simplified procedure. It also approved formats for the submission of applications in electronic form.

What’s new: New limits are established for the year and apply in the aggregate to the following types of social deductions (paragraph 2 of Article 219 of the Tax Code of the Russian Federation):

  • on education expenses (except for children’s education);
  • for treatment expenses: payment for medical services and the cost of medicines prescribed by a doctor (except for expensive treatment);
  • on expenses for physical fitness and recreational services;
  • payment of pension contributions under non-state pension provision agreements, insurance premiums under voluntary pension insurance agreements, as well as under voluntary life insurance agreements;
  • payment of additional insurance contributions to the funded pension;
  • payment for an independent assessment of a taxpayer’s qualifications. An employer does not provide this deduction. An employee may claim it when submitting a declaration to the tax authority at the end of the tax period (subparagraphs 6, paragraph 1, paragraph 2 of Article 219 of the Tax Code of the Russian Federation).

Until January 1, 2024, the aggregate amount of the above deductions is RUB 120,000. As of January 1, 2024, amendments to Article 219 of the Tax Code of the Russian Federation (Federal Law No. 159-FZ of 28.04.2023) will come into force, according to which the aggregate amount of deductions will increase to RUB 150,000.

A deduction for the education of children and wards of an individual until 01.01.2024 may be taken into account in the amount of no more than 50,000 RUB per year for each student. This amount is common for both parents, guardians, custodians (subparagraph 2, paragraph 1, Article 219 of the Tax Code of the Russian Federation). From 01.01.2024, the amount of deduction for the education of children and wards is increased to 110,000 rubles for each child in the total amount for both parents (guardian or custodian).

Document: Order of the Federal Tax Service of 12.10.2023 No. BV-7-11/734

Payroll Personal income tax PIT Taxation Tax Code