Children's allowance 2019: what that is and how high it is, mystipendium

Child allowance 2019: what it is and how high it is

Children cost money – most parents know that too well. That is why in Germany there is an opportunity for people with children to save taxes with the child allowance when filing tax returns. You can find out what the child allowance is, where you can enter the child allowance and how it relates to child benefit here.

What is the child allowance??

The child allowance is one allowance for parents who reduce taxable income. The tax-free allowance means that your gross salary after tax deduction leaves a higher net amount. The tax-free allowance for the child also affects the calculation of the solidarity surcharge and church tax.

Christina Cherry