Tax Declaration Thresholds Set for High-Income Earners
Under the new tax regulation for 2026 income, employees exceeding certain amounts are required to file a tax return in March.
In accordance with wage income earned in 2026, employees exceeding the specified limits are required to file an income tax return in March 2027, with the announcement that these individuals may deduct various expenses from their taxes.
Declaration Thresholds and Conditions
Employees whose total wage income in 2026 exceeds 5.3 million TL will be required to file an income tax return in March 2027.
Multiple Employer Status
For employees receiving wages from more than one employer, the obligation to file a declaration arises if the total of wages received from employers other than the first exceeds 400,000 TL. Workers who changed jobs this year are also evaluated within this scope.
Determination of the Primary Employer
For individuals receiving salaries from multiple employers, determining which employer is considered the primary employer plays a critical role in establishing the declaration obligation, and the wage received from the last employer can be accepted as the primary employer.
Deduction of Education and Health Expenses
Wage earners who are required to file a declaration will be able to deduct certain education and health expenses incurred for themselves, their spouses, and their dependent children from their annual income.
Ten Percent Limit Application
The deduction for education and health expenses made by wage earners will be limited to 10 percent of the declared annual income, and this rate cannot be exceeded.
Insurance Premiums and Retention Obligation
While a portion of life and personal insurance premiums meeting certain conditions can also be deducted from income, invoices for expenses must be obtained and kept for five years.