1. In the year when the loan interest actually occurs, it will be deducted according to the standard quota of 1000 yuan per month;

2. The maximum deduction period shall not exceed 240 months;

3. Taxpayers can only enjoy a first home loan interest deduction;

4. As agreed by both husband and wife, one of them can choose to deduct, and the specific deduction method shall not be changed within one tax year.

Special additional deductions for personal income tax include:

1, children's education;

2. Continuing education;

3. Serious illness medical treatment;

4. Housing loan interest;

5. Housing rent;

6. Support the elderly.

Rental special additional deduction can be deducted in the following ways:

1, municipalities directly under the central government, provincial capitals, cities under separate state planning and other cities determined by the State Council, and the deduction standard is 1500 yuan per month;

2. For cities with a registered population of 6,543.8+0,000, the deduction standard is 654.38+065.438+0,000 yuan per month;

3. For cities with a registered population of no more than 6.5438+0 million, the deduction standard is 800 yuan per month.

To sum up, if taxpayers or their spouses use individual housing loans from commercial banks or housing accumulation funds alone or jointly to buy houses for themselves or their spouses in China, the interest expenses incurred from the first housing loan will be deducted according to the standard quota of 1 000 yuan per month in the year when the loan interest actually occurs, and the maximum deduction period will not exceed 240 months. Taxpayers can only enjoy a first home loan interest deduction.

Legal basis:

Article 14 of the Interim Measures for Special Additional Deduction of Individual Income Tax

If taxpayers or their spouses use individual housing loans from commercial banks or housing accumulation funds alone or jointly to purchase housing for themselves or their spouses in China, the interest expenses incurred in the first housing loan shall be deducted according to the standard quota of 1 000 yuan per month in the year when the loan interest actually occurred, and the maximum deduction period shall not exceed 240 months. Taxpayers can only enjoy a first home loan interest deduction.

The term "first home loan" as mentioned in these Measures refers to the housing loan that enjoys the interest rate of the first home loan when buying a house.

Article 15

As agreed by both husband and wife, one of them can choose to deduct, and the specific deduction method cannot be changed within a tax year.

For the first set of housing loans that husband and wife bought houses separately before marriage, they can choose one house after marriage, which will be deducted by the purchaser according to the deduction standard of 100%, or by both husband and wife according to the deduction standard of 50%. The specific deduction method cannot be changed within a tax year.