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All these French people must check this tax box to reduce their amount

This line of the tax return should not be forgotten by more than a million taxpayers.

This is the big question since the income tax return was opened: how can I lower the amount of taxes that I will have to pay? If this is often linked to &agrav; tax measures that must be put in place in 2023, certain lines of the form must be read carefully because they allow the final score to be reduced. However, &agrav; because of the complexity administrative explanations, it can be off-putting or distressing for taxpayers to request a tax reduction. Some people, however, should not go beyond this. side of a very important box.

Life is always littered with various events, among which – the most important generally – life as a couple and marriage. arrival of children. Two parameters which, as joyful as they may be at the start, are not always so forever. Separations, accidents…hellip; Painful moments impact everyday life. Life paths that the tax administration takes into account when asking you to pay taxes.

All these French people must check this tax box to reduce their amount

Indeed, some taxpayers can save up to $300,000. 1050 euros on the total bill pour à the DGFiP "thanksâce" &agrav; certain circumstances. If you are a single, separated, divorced parent; or widower, who lived alone on January 1, 2023, that you have one or more adult children who are no longer attached to your family. your home and have raised some one or more, alone for at least 5 years, you must check box L of your tax return.

The criteria are abstract? A concrete example: a mother who raised a child alone with her child for at least 5 years, while being single during this period, who today still lives alone and whose life is child (over 18 years old) has now left home to work, has the right to check box L.

All people meeting the criteria are eligible to apply. this tax reduction, regardless of their income level. Until'à 35,000 euros of annual income, the amount of the rebate is calculated in proportion to your resources and therefore varies from 0 à 1050 euros. Beyondà of 35,000 euros of income, the reduction in the total amount of tax – thanks to this this device- is fixed, à height of 1050 euros.

According to a report from the Court of Auditors, this reduction benefits more than 1.2 million households and provides them with an average gain of around 500 euros. The administration recently suggested to delete it in the years to come come.

Teilor Stone

By Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116