The personal income tax payable = taxable income multiplied by the applicable tax rate - quick deduction, taxable income = salary income - 3500 = 80,000 - 3500 = 76,500, the applicable tax rate is the 6 class, for 35%, quick deduction is 5505, so the monthly salary of 80,000 personal income tax can be calculated this way = 76,500 multiplied by 35% - 5505 = 21,270 The amount of money will be the same as the amount of money in the market.
Calculation of personal income tax:
1. Calculation of taxable income: the comprehensive income of the resident individual, the income of each tax year, minus the cost of 60,000 yuan, as well as special deductions, special additional deductions, and other deductions determined by law for the balance of the taxable income;
2. Selection of the applicable tax rate: based on the taxable income, the taxable income in the The selection of applicable tax rate: according to the taxable income, find the corresponding tax rate in the individual income tax rate table, for example, the taxable income of 80,000 yuan per month is 76,500 yuan, and the tax rate of 35% is applicable;
3. Determination of quick deduction: also according to the taxable income, find the corresponding quick deduction in the individual income tax rate table, for example, the quick deduction for 80,000 yuan per month is 5,505 yuan;
4. Calculation of personal income tax: personal income tax payable = taxable income multiplied by the applicable tax rate - quick deduction, substitute the data to get the result.
In summary, a monthly salary of 80,000 yuan needs to pay 21,270 yuan of personal income tax. The calculation of personal income tax needs to calculate the taxable income first, then find the applicable tax rate and quick deduction according to the tax rate table, and finally calculate the exact amount of personal income tax payable according to the formula.
Legal basis:
The Individual Income Tax Law of the People's Republic of China
Article 6
Calculation of Taxable Income: (1) The comprehensive income of a resident individual shall be the taxable income after deducting the expenses of 60,000 yuan as well as the special deductions, special additional deductions and other deductions determined in accordance with the law from his/her income in each tax year. (B) the wages and salaries of non-resident individuals, the monthly income less expenses of five thousand yuan for the balance of taxable income; income from labor remuneration, income from manuscripts, royalties, the amount of each income for the taxable income.