Individuals report the status of their income to the government from January the 1st to December the 31st each year.
The deadline is March the 15th of the following year, but there is no penalty if you receive a refund even after the deadline.
You can file a tax return by paying an additional tax even if payment occurs.
If you work for only one employer and they make year-end adjustments (including cases where the withholding slip is submitted by year-end adjustment after changing jobs), You do not have to complete it as long as income deduction is missing or you are not willing to declare the following deductions.
People who should complete a tax return (excerpt)
- Has a salary income that exceeds 20 million yen per annum
- Receiving salary from one employer, and the total amount of various income other than salary income and retirement income exceeds 200,000 yen.
- When the amount of income from public pensions exceeds 4 million yen, or the amount of income from public pensions is 4 million yen or less, and the total amount of other income exceeds 200,000 yen.
- When there is a loss even if it is with withholding tax or there is a transaction of stocks (stocks, investment trusts, public and corporate bonds, etc.) with other than a specific account with withholding tax.
Medical expense deduction
The amount to be deducted (up to 2 million yen) is the amount that exceeds 100,000 yen or 5% of the total income, whichever is less, at the expense of the medical expenses of the person and relatives who make a living. Become.
Not only medical treatment insurance but also the purchase costs of over-the-counter drugs such as cold remedies and poultices are covered. It does not cover mere beauty purposes, health promotion, disease prevention, fatigue recovery, health diagnosis, etc.
The minimum required transportation expenses to medical institutions (JR, taxi charges in case of emergency) are also covered, but gasoline charges for private cars are not covered. Medical expenses, high medical expenses and payments from life insurance must be excluded. If you attach a "statement of medical expenses deduction", you no longer need the original receipt when filing your tax return (provided that you keep the medical expenses receipt at home for 5 years).
It is possible to simplify the description of the statement by attaching a certain "Notice of Medical Expenses" issued by the health insurance association (no need to save the receipt). In any case, it is recommended to keep the receipt for the year when medical expenses are expected to be high.
Self-medication taxation system
If you purchase switch OTC drugs for your own health management, the amount of the annual cost if it exceeds 12,000 yen will be deductible (up to 88,000 yen maximum).
Switch OCT are drugs that have had the ingredients re-formulated to be sold over the counter and are available to all to purchase without a medical prescription.
The main examples include ibuprofen, an antipyretic analgesic, indomethacin, an anti-inflammatory agent, and ibuprofen, a menstrual pain drug. In addition, gastrointestinal medicine, general pain killers, athlete foot remedies, allergy medicine, etc.
Donations to specific organizations such as the national and local public organizations (Furusato Nouzei, Hometown Tax Payment), Japanese Red Cross Society, School Corporations, Public Interest Corporations/Foundations, Certified NPO Corporations, Political Parties and Political Organizations need to be notified to the Ministry of Internal Affairs and Communications.
Miscellaneous loss deduction
If assets such as housing, furniture, and clothing that are normally necessary for daily life are damaged by natural disasters (earthquake damage, storm and flood damage, cold damage, snow damage, lightning strikes, etc.), man-made disasters (fire, explosions, accidents), abnormal disasters caused by pests and other organisms, stolen or misappropriated, the cost of the items damaged will be deducted as miscellaneous loss deduction.
At the time of filing, a certificate of damage by the related department (e.g. fire station) and a receipt for disaster removal/any related extra costs are required as evidence.
Deduction for social insurance premiuma
You can use this if you paid National Pension or National Health Insurance premiums while you were unemployed.
Special Deduction for Housing Loan, etc.
When you as an individual take out a mortgage/bank loan to build, acquire, or remodel your own home and use it for your own residence by the 31st of December 2021, and meet certain requirements, the amount calculated based on the total amount of the year-end balance of the mortgage loan related to the acquisition can be deducted from the income tax amount for each year following the year you began to use it for residence.
For the first year, you need to file a tax return yourself, and after the second year, you complete it with year-end adjustments.
Non-residents can use only donation deduction, miscellaneous loss deduction and/or basic deduction for income tax.
Links of Keywords
Go to the tax office that has jurisdiction over your physical address.
You can file your tax return at the tax office counter, by mail, or on the national tax website (e-Tax).
- End of tax year summary
- Certificate of income
- Receipts and certificates used for various deductions
- Something you can check your My Number and your residence card