During the period of 10, 2022 to 1, 2023, 12, 3 1, taxpayers who sell their own houses and buy houses in the same city again within 1 year after selling their existing houses may apply for refund of their paid personal income tax according to regulations.
So, which groups can get a tax refund? How much tax can I get back? How to apply? Below, let's explain this favorable policy in detail.
1
When can I enjoy the tax refund policy?
During the period of 10, 2022 to 1, 2023, 12, 3 1, taxpayers who sell their own houses and buy houses in the market again within 1 year after selling their existing houses will be refunded their personal income tax.
Example 1: taxpayer Xiao Wang sold a house on June 5438+00, 2022, and bought another house in the same city in May 2023, because the time for Zhou Xiao to sell and buy a house was June 2022 10 to June 2023 12.
2
How to determine the time to sell and buy a house?
The time for selling existing houses shall be the time for taxpayers to pay personal income tax when selling houses.
If the newly purchased house is a second-hand house, the purchase time shall be subject to the deed tax payment time when the taxpayer purchases the house or the registration time specified in the property certificate.
If the newly purchased house is a new house, the purchase time is the time when the housing transaction contract is filed in the housing and urban-rural construction departments, and taxpayers can fill in the housing transaction contract according to the facts.
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How to calculate the tax refund amount?
During the period from 10 in 2022 to 1 2 in 2023, all taxpayers who meet the tax refund conditions will be refunded their personal income tax if the newly purchased housing amount is greater than or equal to the current housing transfer amount; When the newly purchased housing amount is less than the current housing transfer amount, the individual income tax paid for the current housing will be refunded according to the proportion of the newly purchased housing amount to the current housing transfer amount. The calculation formula is:
1) If the amount of newly purchased housing is greater than or equal to the current amount of housing transfer, the tax refund amount = personal income tax paid at the time of current housing transfer;
2) If the amount of newly purchased housing is less than the amount of current housing transfer, the amount of tax refund = (amount of newly purchased housing ÷ amount of current housing transfer) × individual income tax paid when current housing transfer.
Among them, the original housing transfer amount and the newly purchased housing amount do not include value-added tax.
Example 2: On June 5438+ 10, 2022, the taxpayer Xiao Wang sold the house for 5 million yuan and paid personal income tax of 654.38+10,000 yuan. In May 2023, Wang Mai Jr. bought a house of 6 million yuan. Since the amount of newly purchased housing is greater than the current amount of housing transfer, the amount of small tax refund is 654.38 million yuan of personal income tax paid at the time of current housing transfer.
If the house in Wang Mai is only 4 million, you can apply for a tax refund of 80,000 yuan (4 million ÷ 5 million× 65438+10,000 = 80,000).
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How to calculate the tax rebate if many people have housing?
When selling houses jointly held by many people, or newly purchasing houses jointly held by many people, the taxpayer's current housing transfer amount or newly purchased housing amount shall be determined according to the share of property rights enjoyed by taxpayers.
Example 3: Xiao Wang and Xiao Zhang each own a house, each accounting for 50% of the property rights of the house. From June, 5438 to June, 2023 10, they transferred their houses at a price of 4 million yuan, and each paid personal income tax of 20,000 yuan.
In May of the same year, Xiao Wang bought a new house in the same city for 3 million yuan. When Xiao Wang applied for tax refund, the current housing transfer amount was 2 million yuan (4 million× 50% = 2 million yuan), and the newly purchased housing amount was 3 million yuan. The tax refund amount = personal income tax paid at the current housing transfer = 20,000 yuan.
In June of the same year, Xiao Zhang and others bought a house in the same city for 3 million yuan, accounting for 50% of the property rights of the house. When Xiao Zhang applied for tax refund, his current housing transfer amount was 2 million yuan (4 million× 50% = 2 million yuan), the newly purchased housing amount was 6.5438+0.5 million yuan (3 million× 50% = 6.5438+0.5 million yuan), and the tax refund amount was = (newly purchased housing amount ÷ current housing transfer amount) × current.
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Where can I apply for a tax refund?
Taxpayers who enjoy the policy of personal income tax refund for residents' purchase of houses should apply to the competent tax authorities for personal income tax on the transfer of existing houses, that is, which tax authorities should taxpayers apply for tax refund and pay personal income tax when selling houses.
In general, you should go to the local government service hall or real estate transaction hall to apply for tax refund. Unless otherwise stipulated by the local tax authorities, it shall be handled in accordance with the provisions.
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What materials do I need to apply for tax refund?
First of all, it is necessary to submit the Application Form for Individual Income Tax Refund of Housing Redemption to the competent tax authorities.
Also provide: taxpayer identity documents; Housing sales contract for existing houses; If the newly purchased house is a second-hand house, it is necessary to provide the house sales contract, the certificate of immovable property right and its copy; If the newly purchased house is a new house, it is necessary to provide the house transaction contract and its copy (online sign) submitted to the housing construction department for the record.
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Does this policy apply to personal income tax paid when selling inherited or donated property?
As we all know, houses acquired through inheritance or gift are subject to 20% tax when they are sold.
If the owner sells the inherited or donated property and buys a new house during the implementation of the policy, this new policy can also be applied and he can apply for tax refund.