How Do I Get a Tax Return Transcript?

A tax return is a form that a taxpayer should fill out when reporting tax payable during the tax period to the tax authorities when fulfilling their tax obligations. China's "Interim Regulations on the Administration of Tax Collection" stipulates that taxpayers must make tax declarations in accordance with the regulations, submit tax returns, financial accounting statements and relevant tax information to the competent tax authorities, and separately on taxable income and taxable income according to specific circumstances. , Tax types, tax items, tax rates, taxable amounts and other taxable information, fill in the tax return form truthfully. ^[1]

Tax return

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A tax return is a form that a taxpayer should fill out when reporting tax payable during the tax period to the tax authorities when fulfilling their tax obligations. China's "Interim Regulations on the Administration of Tax Collection" stipulates that taxpayers must make tax declarations in accordance with the regulations, submit tax returns, financial accounting statements and relevant tax information to the competent tax authorities, and separately on taxable income and taxable income according to specific circumstances. , Tax types, tax items, tax rates, taxable amounts and other taxable information, fill in the tax return form truthfully. ^[1]

A tax return is a tax instrument designated by the tax authority and completed by the taxpayer to complete the tax return process. Generally, it should include the name of the taxpayer, tax types, tax items, taxable items, applicable tax rate or unit tax amount, tax calculation basis, tax payable, tax period, etc. The VAT return also includes input tax and output tax; the income tax return also includes sales income, sales profit, taxable income, and income tax payable.

The tax return is composed of 9 schedules, bilingual in both Chinese and English. The most important part is the first schedule, "Personal Income Tax Return", the others are "Monthly Income Tax Return" and "Annual Income Tax Return". , "Individual Industrial and Commercial Household Income Tax Monthly Returns", "Individual Industrial and Commercial Household Income Tax Annual Returns", "Individual Industrial and Commercial Household Income Tax Monthly (or Fractional) Returns", "Individual Industrial and Commercial Rent Income Tax Annual Returns", "Individual Industrial and Commercial Household Income Taxes" "Personal income tax returns for sole proprietorships and partnerships" and "Personal income tax returns for partnership investors".

In the tax return, in addition to the 11 annual income items, there are each corresponding "taxable amount", "paid (deducted) tax amount", "deductible tax amount", "payable (refundable) tax amount" ". Among them, the items that belong to tax exemption or exemption according to the tax law are filled in with 0 in the "Taxable Amount"; the taxes that have been paid or withheld by the unit are filled in in the "Payed (Deducted) Tax Amount"; according to the tax law The allowable deductions are required to be entered in the "Deductible Tax Amount"; the "to be made (refunded) tax amount" is filled in the "Taxable Amount" and "Paid (Deducted) Amount" and "Deducted Amount" The difference. The withholding agent shall submit a copy of the contract or agreement to the competent tax authority for record within 20 days after signing the contract or agreement, and go through the relevant withholding procedures.