Withholding Tax Statement (Salary Income) Reiwa 7 Year ~

This page has been automatically translated by machine translation. Please note that translations may not be entirely accurate.

Calculates the withholding tax statement for salaried employees. Applies to Reiwa 7 and later years

Year

Reiwa 7 YearReiwa 8 YearReiwa 9 YearReiwa 10 Year

＜Recipient＞

Annual Income

YenAmount Paid

People with disabilities

Not applicableGeneralSpecial

Eligible for Widow/Single Parent Deduction

Not applicableWidowSingle Parent

Working Students

Not applicableYes

＜Spouse＞

Eligible for the spousal deduction

NoneYes (General)Yes (Ages 70 and older)

Spouse’s Total Income

YenExcluding necessary expenses (such as the salary income deduction)

＜Number of Dependents＞ (excluding spouse)

General (16~18 years old)

Person

Specific (19~22 years old)

PersonIndividuals with total income of 580,000 yen or less

Adults (23~69 years old)

Person

Elderly parents (70 years old and older)

Person

Of which, living with the taxpayerPerson

＜Number of Persons with Disabilities＞ (excluding recipients)

Persons with general disabilities

Person

Persons with Severe Disabilities

Person

Of which, living with the taxpayerPerson

＜Special Deduction for Specified Relatives＞ (For individuals with total income exceeding 62 ten thousand yen and up to 123 ten thousand yen)

Special Deduction for Specified Relatives (19~22 years old) 1

YenTotal Income Amount

Special Deduction for Specified Relatives (19~22 years old) 2

YenTotal Income Amount

Special Deduction for Specified Relatives (19~22 years old) 3

YenTotal Income Amount

Special Deduction for Specified Relatives (19~22 years old) 4

YenTotal Income Amount

＜Special Deduction from Income Amount＞

Income Amount Eligible for Special Deductions

NoneYes

*Used for the Income Amount Adjustment Deduction

＜Deductions for Insurance Premiums, etc.＞

Amounts for Social Insurance Premiums, etc.

YenIncludes Small Business Mutual Aid Association premiums, etc.

Life Insurance Premium Deduction Amount

YenThe total deduction amount for General Life Insurance, Long-Term Care and Medical Insurance, and Individual Annuities (
) is capped at 12 ten thousand yen.

Earthquake Insurance Premium Deduction

YenMaximum 5 ten thousand yen

＜Deductions for Home Purchase, etc.＞

Special Deduction for Home Purchase, etc.

Yen

Compatible with Reiwa 8 Tax Reform
⑴ Basic Deduction
The basic deduction amount has been revised based on total income.
⑵ Salary Income Deduction
The minimum guaranteed amount of 65 ten thousand yen has been raised to 74 ten thousand yen.
(3) Revisions to Income Requirements for Dependents, etc.
The income threshold for dependents and spouses living in the same household has been raised to 62 ten thousand yen.
The income threshold for working students has been raised to 89 ten thousand yen.

Points to Note for the Reiwa 8 Year-End Adjustment
⑴ Declaration Form for Dependent Deductions, etc. (Changes)
⑵ Declaration Form for Special Deduction for Specified Relatives
⑶ Declaration Form for Basic Deduction
⑷ Declaration Form for Spousal Deduction, etc.
⑸ Declaration Form for Income Adjustment Deduction
⑹ Declaration Form for Insurance Premium Deduction
⑺ Declaration Form for Special Deduction for Housing Loans, etc.

*This website assumes no responsibility whatsoever for calculation results or other information. Furthermore, we do not provide individual consultations.