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.

Personal income tax declaration materials:

1. Personal identification: including valid identification materials such as ID card and household registration book;

2. Taxpayer's income certificate: including relevant certificates of salary, labor remuneration, manuscript fee, royalties and other income, such as salary income certificate, labor remuneration income certificate, business license of individual industrial and commercial households, invoices, etc. ;

3. Taxpayer's deduction certificate: including children's education, housing loan, supporting the elderly and other relevant certificates. Such as invoices for children's education expenses, proof of housing loan interest, proof of supporting the elderly, etc. ;

4. Taxpayer's bank account information: personal bank account information is required to declare tax refund or tax payment;

5. Other relevant certification materials: such as pension insurance, medical insurance and other social security payment certificates, donation certificates, etc.

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.