Only the interest expenses of the first home loan can enjoy a tax deduction, and the longest deduction period is no more than 240 months. In the same year, a house can only enjoy a tax deduction. Therefore, in the same year, a house has already enjoyed the deduction of housing loan interest, and it is impossible to change a house to enjoy the tax deduction. If you want to change a house, you need to pay off the tax loan that has been deducted from the previous house before you can change a new house. At the same time, non-first home loan interest expenses cannot enjoy tax deduction.
The operation process of individual income tax declaration is as follows:
1. Preparation materials: Personal income tax declaration needs to prepare relevant materials, including income certificate, tax preference certificate, tax registration certificate, etc.
2. Log on to the website of the Inland Revenue Department: Individual income tax returns are generally declared through the website of the Inland Revenue Department, and you need to log on to the website of the Inland Revenue Department first;
3. Choose the declaration method: according to personal income, you can choose different declaration methods such as online declaration, mobile APP declaration and tax bureau counter declaration;
4. Fill in the declaration form: fill in the individual income tax declaration form according to the tips on the website of the tax bureau, including personal information, income, tax incentives and other contents;
5. Check the information: after filling in, you need to carefully check whether the declared information is accurate;
6. Submit the declaration information: after confirmation, submit the individual income tax declaration information;
7. Personal income tax payment: calculate the amount of personal income tax payable according to the declaration information, and then pay personal income tax within the specified time.
To sum up, the operation process of individual income tax declaration may be different due to geographical and policy factors. Before the specific operation, you can go to the website of the local taxation bureau to inquire about the relevant regulations, or consult the staff of the local taxation bureau.
Legal basis:
Article 11 of the Individual Income Tax Law of People's Republic of China (PRC)
When individual residents obtain comprehensive income, they shall pay individual income tax on an annual basis; If there is a withholding agent, the withholding agent shall withhold the advance tax on a monthly basis or every time; If settlement is needed, it shall be settled within March 1 day to June 30th of the following year. The withholding measures shall be formulated by the competent tax authorities of the State Council.
Where individual residents provide withholding agents with special additional deduction information, the withholding agent shall deduct the withheld tax in accordance with the provisions when withholding monthly, and shall not refuse.
If a non-resident individual has a withholding agent for income from wages and salaries, remuneration for labor services, remuneration for manuscripts and royalties, the withholding agent shall withhold and pay the tax on a monthly basis or every time, without making final settlement.
Article 12
Taxpayers obtain business income, calculate individual income tax annually, and submit tax returns to the tax authorities within 15 days after the end of each month or quarter, and pay taxes in advance; The income shall be settled before March 3 1 of the following year.
Taxpayers' income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be calculated on a monthly or quarterly basis. If there is a withholding agent, the withholding agent shall withhold and pay taxes on a monthly or quarterly basis.