The Tax Administration Service (SAT) shared a statement about the annual tax return and payments with school concepts, mainly addressed to parents, tutors or relatives.
In QuAdrans law and finance we want to keep you informed about the news and announcements that the SAT releases.
The Tax Administration Service (SAT) reminds individuals to deduct in the annual tax return payments for school tuition and transportation, when this is mandatory.
Also, it is specified that the benefit applies to spouses, cohabitants, ascendant or descendant relatives in direct line or for themselves.
The deduction of tuition fees will be in accordance with the level attended in private educational institutions with authorization or recognition of official validity of studies and the annual limits are as follows:
- Preschool: $14,200 mexican pesos.
- Elementary school: $12,900 mexican pesos.
- Secondary: $19,900 mexican pesos.
- Technical professional: $17,100 mexican pesos.
- High school or its equivalent: $24,500 mexican pesos.
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In order to obtain this benefit, the invoice issued by the educational institution is required, where the payment of tuition and school transportation is shown. In addition, payment must be made by nominative check, electronic transfer from a bank account of the taxpayer or by credit, debit or service card.
In case of requiring guidance, taxpayers have at their disposal the following contact media:
- OrientaSAT through the SAT Portal.
- Call SAT 55 627 22 728.
- Contact on the website.
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SAT Press Release.
