How much personal income tax can be refunded by renting a house depends on the taxpayer's own rental and tax situation. Generally speaking, if a taxpayer meets the relevant conditions, such as if the rental expenditure exceeds a certain amount and can provide valid lease contracts, invoices and other supporting documents, they can enjoy special additional deductions for personal income tax.
First of all, it needs to be made clear that the rental tax refund is part of the special additional deduction for personal income tax, which is designed to reduce the burden on taxpayers and encourage the development of the housing rental market. However, the specific tax refund amount is not fixed and is affected by a variety of factors.
On the one hand, there may be differences in tax refund policies in different cities. Some cities may have stipulated higher tax rebate amounts or more relaxed tax rebate conditions to attract more people to choose to rent. Therefore, taxpayers need to understand and abide by the policies and regulations of their city when applying for rental tax rebates.
On the other hand, the taxpayer’s personal situation will also affect the amount of tax refund. For example, the taxpayer's income level, rental expenditure amount, lease term and supporting documents provided will all become the basis for tax refund review. Generally speaking, the higher the rental expense, the higher the tax rebate amount may be.
When applying for a rental tax refund, taxpayers need to prepare relevant supporting documents, such as lease contracts, rental invoices, etc. These documents need to be authentic, valid, and comply with the requirements of the tax authorities. At the same time, taxpayers also need to make declarations and tax refund applications within the designated time in accordance with the regulations of the tax department.
To sum up: How much personal income tax can be refunded by renting a house depends on many factors, including the policies and regulations of the city and the taxpayer's personal situation. In order to fully enjoy the benefits of this policy, taxpayers need to understand and comply with the relevant regulations, prepare the necessary supporting documents, and make declarations and applications within the prescribed time.
Legal basis:
"Individual Income Tax Law of the People's Republic of China"
Article 6 stipulates:
Taxable Calculation of income:
(1) The comprehensive income of a resident individual is calculated by deducting RMB 60,000 in expenses, special deductions, special additional deductions and other deductions determined in accordance with the law from the income in each tax year. The balance is taxable income.
"Interim Measures for Special Additional Deductions for Personal Income Tax"
Article 17 stipulates:
Housing problems incurred by taxpayers who do not own their own homes in their main cities where they work Rental expenses can be deducted in fixed amounts according to the following standards:
(1) For municipalities directly under the Central Government, provincial capital cities, cities under separate state planning and other cities determined by the State Council, the deduction standard is 1,500 yuan per month;
(2) In addition to the cities listed in the first item, for cities with a registered population of more than 1 million, the deduction standard is 1,100 yuan per month; for cities with a registered population of less than 1 million, the deduction standard is 800 yuan per month. Yuan.
If the taxpayer’s spouse owns his own house in the taxpayer’s main city of work, it will be deemed that the taxpayer has his own house in the main city of work.
The registered population of municipal districts shall be based on the data released by the National Bureau of Statistics.