How much is the tax refund for the first suite?
According to the regulations, after the borrower applies for tax refund for the first home, the loan interest is deducted according to the standard amount of 1 000 yuan per month in the year when the loan interest actually occurs, and the maximum deduction period is no more than 240 months. And you can only enjoy the first home loan interest deduction once.
In addition, if the house is purchased by husband and wife before marriage, only one party can enjoy the deduction of housing loan interest when deducting personal income tax mortgage interest. And in a tax year, you can't enjoy the special additional deduction of housing loan interest and housing rent at the same time.
If the husband and wife buy the first set of housing loans before marriage, they can choose one set to be deducted by the buyer according to the deduction standard of 100% after marriage, or both husband and wife can deduct the purchased housing according to the deduction standard of 50% respectively.
Whether the housing loan can be refunded requires two conditions: 1. Since the tax threshold is 5000 yuan, personal income tax will be levied only after reaching this standard, so only after paying a tax can you qualify for tax refund. 2. Both husband and wife must have only one property in the tax city, and the property is purchased by mortgage.
While meeting the above tax refund conditions, it is also necessary to meet the requirements of the tax refund application cycle, that is, from the 1 month of the first loan repayment to one year, it is a tax refund application cycle, and the application for mortgage tax refund within the third month after one year is valid.
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