Rental expenses are deducted from personal income tax.

Deducting personal income tax from rental expenses is a preferential policy under the current tax policy.

First, understand the basic conditions for deducting personal income tax from rental expenses.

First of all, renters need to be taxpayers of personal income tax, that is, individuals with tax obligations. Secondly, the rental fee must be practical, reasonable and income-related expenses. Finally, the rental fee must be incurred within the specified time limit, usually the rental fee of the current year.

Second, prepare to deduct the required documents.

Tenants need to prepare relevant supporting documents to enjoy the preferential treatment of deducting personal income tax from rental expenses. These documents usually include: housing lease contract, rent payment vouchers (such as bank transfer records, receipts, etc.). ) and personal income tax payment certificate. These documents will serve as an important basis for the tax authorities to review the application for deduction.

Third, apply for deduction according to the prescribed procedures.

Tenants need to submit an application for deduction to the tax authorities when the personal income tax is settled in the annual settlement. During the application process, you need to fill in the relevant application form and attach the above supporting documents. The tax authorities will examine the application. After the application is approved, the lessor may deduct the corresponding rental fee from the taxable income.

Fourth, pay attention to the amount of deduction and restrictions.

The amount of personal income tax deducted from rental expenses is usually limited, and the specific amount will be adjusted according to the policy. In addition, we need to pay attention to some special restrictions, such as whether the rental fee includes other expenses (such as utilities and property fees). ) and whether it conflicts with other preferential tax policies.

To sum up:

Deducting personal income tax from rental expenses is a preferential policy for individual income tax payers, aiming at reducing the tax burden of renters. Tenants need to know the basic situation, prepare relevant supporting documents, apply for deduction according to the prescribed procedures, and pay attention to the amount and restrictions of deduction.

Legal basis:

Individual Income Tax Law of the People's Republic of China

Article 6 provides that:

Calculation of taxable income:

(1) For the comprehensive income of individual residents, the taxable income shall be the income after deducting expenses of 60,000 yuan, special additional deductions and other deductions determined according to law.

individual income tax law of the people's republic of china rules for its implementation

Article 15 stipulates:

The special additional deduction mentioned in Item 1, Paragraph 1, Article 6 of the Individual Income Tax Law includes expenses such as children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and supporting the elderly. The specific scope, standards and implementation steps shall be determined by the State Council and reported to the NPC Standing Committee for the record.