Step 3: Press the "housing loan interest rate", and the corresponding information will pop up to explain the required materials. After confirmation, click "Enter to fill in the form".
Step 4: Enter your name, confirm your email address and contact information, and then click Next.
Step 5: Fill in the house information, including the current situation, the time of signing the loan and the location of the house. After completing the form, click "Next".
Step 6: Fill in the spouse information. If you have no spouse, you can skip this step.
Step 7: There are usually two options for "deduction proportion", one is 100% self-deduction, the other is 50%, and the other is average distribution.
Step 8: After selecting the "deduction proportion", what needs to be done is how to deduct it, either by the withholding agent or by yourself every year. Generally speaking, you can choose "withholding agent" to declare, that is to say, the company will withhold it for you, and the company will automatically withhold it when issuing it.
Step nine. Select "Declaration by Withholding Agent" and click "Submit".
20 19 tax mortgage loan interest relief is usually to deduct housing loan interest before tax, and the income after deduction is calculated according to personal income tax.
If A buys an ordinary house worth 2.5 million yuan in a first-and second-tier city, the down payment is 500,000 yuan, and the remaining 2 million yuan can be loaned for 20 years. The average monthly repayment amount is 13927.74 yuan, of which 5594.40 yuan is interest expense. Buyer A's monthly salary before tax is 20,000 yuan. According to the current individual tax law, the taxable amount after deducting 4 gold and tax base is 2459.02 yuan. However, if the interest expenses of the mortgage loan can be deducted before tax, other conditions remain unchanged, the taxable amount of Buyer A is 1097.42 yuan, and 13665438 0.6 yuan is deducted, which is equivalent to a 24% interest saving. Compared with ordinary housing buyers, this policy is more effective for those who have high incomes and buy high-end housing.
The implementation of preferential mortgage interest rate policy will greatly reduce the tax burden of housing owners, and then promote the development of housing market.
The Regulations for the Implementation of the Individual Income Tax Law of the People's Republic of China (Revised Draft for Comment) is an important content of China's individual income tax law.
According to the new tax law, from now on, in addition to the basic deduction of 5,000 yuan, "three insurances and one gold" and other special deductions, there are also special additional deductions for children's education, continuing education, serious illness medical care, housing loan interest, housing rent and pension.
The above is a detailed interpretation of how to operate the mortgage interest tax deduction and interest reduction of the 20 19 tax mortgage loan. Mortgage interest tax deduction is usually to deduct the interest of housing loan before tax, and the income after deduction is calculated according to personal income tax.