1. Prepare the title certificate, loan contract and withholding agent information before writing (optional);
2. Fill in the mortgage information: deduction year, loan method, loan term, loan bank, loan contract number and first repayment date;
3. Finally, choose the declaration method and withholding agent.
Conditions for deducting personal income tax from house purchase loans:
1. Must own housing: taxpayers or their spouses use commercial loans or provident fund loans alone or jointly to buy housing for themselves or their spouses in China. And the house purchased by the loan must belong to the first set of housing;
2. The loan is still to be repaid: the mortgage is still in the year when the loan interest actually occurs;
3. The deduction period is limited: the longest deduction period for mortgage tax deduction cannot exceed 240 months, that is, 20 years;
4. Housing rent can't be saved: If you want to use the mortgage to deduct the tax, you need to pay attention to the fact that the interest expense of the housing loan can't be deducted at the same time as the housing rent. In other words, if you want to use the mortgage to deduct the tax, you can't use the house rent to deduct the tax at the same time. You can only choose one.
To sum up, if taxpayers or their spouses use individual housing loans from commercial banks or housing accumulation funds alone or jointly to buy houses for themselves or their spouses in China, the interest expenses incurred from the first housing loan will be deducted according to the standard quota of 1 000 yuan per month in the year when the loan interest actually occurs, and the maximum deduction period will not exceed 240 months. Taxpayers can only enjoy a first home loan interest deduction.
Legal basis:
Legal basis: Article 1 of People's Republic of China (PRC) Tax Collection and Management Law.
This Law is formulated in order to strengthen the administration of tax collection, standardize tax collection, safeguard national tax revenue, protect the legitimate rights and interests of taxpayers and promote economic and social development.
second
This law is applicable to the collection and management of various taxes collected by tax authorities according to law.
essay
The collection and suspension of tax, as well as the reduction, exemption, refund and overdue tax, shall be implemented in accordance with the provisions of the law; Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.
No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.
Article 4
Units and individuals who are obligated to pay taxes according to laws and administrative regulations are taxpayers.
Units and individuals that have the obligation to withhold and pay taxes according to laws and administrative regulations are withholding agents. Taxpayers and withholding agents must pay taxes, withhold and remit taxes and collect and remit taxes in accordance with the provisions of laws and administrative regulations.