The reform of individual income tax system has become the highlight of China's tax reform in the future, and it will gradually permeate every citizen, because it is our obligation to pay taxes, and of course, we must have rights if we have obligations. 1. How to calculate personal income tax on buying a house 1? Taxpayers (sellers) can check the original value of the house in the local tax system, and can also provide invoices for the original value of the house and other expenses. The calculation method of personal income tax is: personal income tax = (taxable value-original value of the house-original deed tax-reasonable expenses such as paying value-added tax in this exchange) ×20%. For example, the seller sells a house that is "full of five or less" with a taxable value of 6,543,800+0,000, and the original invoice, original deed tax and related taxes total 700,000 yuan. Then, the personal income tax that the seller needs to pay is: (100-70) × 20% = 60,000 yuan. 2. The taxpayer (seller) can't find the original value of the house in the local tax system, and can't provide invoices for the original value of the house and other expenses. The calculation method of personal income tax is: personal income tax = taxable amount × 1%. For example, if the seller has less than 5 or more houses, the selling price is 1 10,000. Taxes and fees shall be borne by the Buyer, accounting for 65,438+0% of the total amount. Then, the personal income tax that the seller needs to pay is: 100× 1% = 1 ten thousand yuan. 2. What taxes and fees should I pay for buying a house? 1, related deed tax. 3%-5% of the total house price is charged according to the national regulations, and the specific tax rate is determined by the provincial government departments. (Deed tax should be paid for buying, selling, giving, exchanging and inheriting. , and will be paid by the property owner). 2. Related transaction costs. Newly-built commercial housing in 3 yuan/_ _ _, affordable housing will be charged by half, which shall be borne by the Seller. Second-hand Housing 6 yuan/_. Each party shall bear 50%. 3. Stamp duty on relevant contracts. Pay 0.05% of the total house price, and the buyer and the seller each pay 0.05%. 4. Relevant property registration fees. 80 yuan, the fee is 10 yuan. To be borne by the buyer. 5. Relevant public maintenance funds. Collect and pay 2% of the purchase price when handling property rights. Property tax. The tax rate is 1.2%, which is generally calculated and paid according to the residual value after deducting 10%-30% from the original value of the property. Contract verification shall pay the contract verification fee. Charge 0.02% of the total contract price, and both parties shall bear half. If you apply for a mortgage loan, you need to pay an evaluation fee. III. Six individual income tax reduction and exemption items 1, special additional deduction for children's education: each child 1000 yuan/month. Pre-school education to 3-year-old doctoral education is within the scope of relief. 2. Special additional deduction for supporting the elderly: 2,000 yuan/month. Taxpayers' expenses for supporting one or more elderly people (over 60 years old) shall be deducted uniformly according to the standard quota. 3. Special additional deduction for housing rent: According to the standards of our city, there are three kinds of quotas, namely 1500 yuan/month, 1 100 yuan/month and 800 yuan/month. Taxpayers are required to have no self-owned housing in the city where they mainly work, and the housing rental fee is deducted according to the standard quota. 4. Special deduction of housing loan interest: 1000 yuan/month. The taxpayer or his spouse uses commercial bank or housing provident fund loans to purchase houses (in China and for himself or his spouse). The housing loan interest expenses incurred are deducted according to the standard quota of 1000 yuan per month (the first suite is required). 5. Special additional deduction for continuing education: 400 yuan/month. For taxpayers receiving academic education (note: in China), the monthly quota of 400 yuan can be deducted; The fee for continuing education with technical qualifications and professional and technical professional qualifications can be deducted from 3600 yuan in the year when the certificate is obtained. 6. Special additional deduction for serious illness medical treatment: the limit is 80,000 yuan/year. This item is deducted according to the actual expenditure. In each tax year, the portion of medical expenses borne by taxpayers that exceeds 6.5438+0.5 million yuan can be deducted within the limit of 80,000 yuan/year. I hope the above contents are helpful.

Legal objectivity:

The detailed contents of the 20% tax collection in Article 5 of New China include the close cooperation between the tax authorities and the housing and urban-rural construction departments, the personal income tax payable for the sale of self-owned houses according to regulations, and the original value of houses can be verified by historical information such as tax collection and management, house registration, etc. , and shall be calculated in strict accordance with the law according to 20% of the transfer income. Therefore, according to the above regulations, selling a house requires personal income tax. However, according to the local implementation rules, how and when to pay. Interpretation: It is not imaginary to levy a 20% tax on the price difference. The high difference is not equal to the present value minus the original value. In fact, in 2005, State Taxation Administration of The People's Republic of China issued the Notice on Several Specific Issues Concerning the Implementation of Integrated Management of Real Estate Tax Collection, reiterating that second-hand housing transactions must pay 20% tax. However, there are always two ways to collect taxes on second-hand housing transactions: one is based on 1% of the total price, and the other is based on 20% of the price difference. Can provide a complete and accurate proof of the original value of the house, according to the transaction price difference of 20% approved levy; If the relevant documents cannot be provided, ordinary houses shall be levied at 0% of the total transaction price of 65438+, and non-ordinary houses shall be levied at 2% of the total transaction price. Property that is more than 5 years old and is the only living room in the family is tax-free. Because of the 20% tax payment, it is not only necessary to provide official invoices and official credentials for tax determination, but also the accounting of tax basis is more complicated. Therefore, since 2005, in the actual implementation of these years, taxes have been levied at 1% of the total price instead of 20% of the difference. If the tax is calculated according to the difference of 20%, it is to tax the net transfer income. That is, in the present value of real estate income, the net income after deducting the original value of real estate, reasonable expenses and transfer taxes. Not only the present value minus the original value, but also the reasonable expenses refer to: house decoration expenses, house loan interest, loan handling fees, notarization fees, etc. At the same time, the business tax, urban maintenance and construction tax, education surcharge, land value-added tax and stamp duty paid in the transfer process can also be deducted before tax when paying personal income tax. The above fees shall be deducted by providing official invoices and official vouchers approved by the tax authorities. The formula is: (the present value of the property-the original value of the property-the renovation cost of the house-the interest of the house loan-the handling fee-the notary fee-other reasonable expenses-all taxes paid in the transfer process) *20% (the right to interpret the specific calculation method belongs to the tax bureau).