PIT settlement is getting closer. Parents can count on up to three reliefs

The season of annual PIT settlements will begin soon. We will settle the income/revenues obtained throughout 2024. Taxpayers with children can benefit from family relief, but not only that.

Discounts for parents. What conditions must be met?

There are three different discounts in total, but some are only available to parents who meet certain conditions.

Family relief 4 plus means exemption from the obligation to pay income tax for families that meet two conditions:

• there are at least four children in the family,

• parents’ annual income is no higher than PLN 85,528.

As Gazeta.pl reminds, this relief does not include, among others: sickness, maternity, paternity and care benefits. In turn, settling accounts with a child is an option available to single parents. They can benefit from a double tax-free amount provided they meet the following conditions:

• income not higher than PLN 60,000 PLN (tax-free amount),

• they have a child: a minor, an adult who receives benefits (social pension) or is no more than 25 years old and continues education.

Most often, parents benefit from the mentioned pro-family relief. It was created to improve the economic situation of families, especially large families. The condition for taking advantage of the relief is to exercise actual parental authority over the minor child.

Family relief is available to:

• for each minor child under 18 years of age. It does not matter whether it is the first child, the second child, the third child or another child,

• for each disabled child for whom a care allowance (supplement) or social pension is received,

• for each child up to 25 years of age who is still in education and the sum of his or her annual income (except for survivors’ pension) does not exceed twelve times the social pension (at the end of 2024, the amount of the social pension was PLN 1,780.96, which means that the child’s income limit cannot exceed PLN 21,371.52 per year in order to apply for a tax refund under the relief).

Taxpayers who want to obtain family relief must meet the income limit:

• PLN 112,000 if you are married for the entire tax year (your and your spouse’s income is added up),

• PLN 112,000 if you are a single parent,

• PLN 56,000 if you were not married, including for part of the year.

The income limit does not apply in the case of exercising parental authority in relation to two or more children or one child who has:

• a decision on qualification by the adjudicating authorities to one of three degrees of disability or

• a decision granting a pension for total or partial incapacity for work, a training pension or a social pension, or

• a disability certificate for a person who is under 16 years of age, issued on the basis of separate regulations.

How much is the child tax relief this year?

How much is the child tax relief this year? It depends on the number of children:

• PLN 92.67 per month, i.e. PLN 1,112.04 per year, in the case of one child, provided that certain income requirements are met,

• PLN 92.67 per month, i.e. PLN 1,112.04 per year, in the case of the second child – regardless of the income level,

• PLN 166.67 per month, i.e. PLN 2,000.04 per year, in the case of the third child – regardless of the income level,

• PLN 225.00 per month, i.e. PLN 2,700.00 per year, in the case of the fourth and subsequent children – regardless of the income level.