Taiwan Rent Tax Deduction 2027 Calculator
Taiwan residents who pay rent for their primary residence can deduct up to NT$120,000 per year from taxable income. Mutually exclusive with the mortgage interest deduction. Annual filing required. Source: 財政部 mof.gov.tw.
Taiwan Rent Tax Deduction — NT$120,000 Annual Cap
Since 2024 the rent deduction cap is NT$120,000 (raised from NT$120,000 unchanged for 2027). Only the primary residence qualifies — not a rented vacation home or office. Must be self, spouse, or directly dependent's residence. Receipt required from landlord. Filing requires the rental contract and proof of payment (bank transfer slip preferred). Source: National Taxation Bureau.
Mortgage Interest Deduction (NT$300k) vs Rent (NT$120k)
Households can claim only ONE of the two: rent OR mortgage interest. Mortgage cap is higher (NT$300,000 vs NT$120,000), but only self-occupied principal residences with a recorded loan qualify. If you have both a mortgage on a primary home AND pay rent on another home (e.g. job in another city), only one is deductible — choose the larger.
Documentation Required for Rent Deduction
(1) Rental contract — must specify address, monthly amount, landlord ID. (2) Proof of payment — bank transfer slip preferred; cash payments require landlord signature on each month's receipt. (3) Household registration showing the rented address. The Tax Bureau may contact the landlord to verify rental income was declared.
How to Claim Rent Deduction at Filing
During annual filing (May 1–31, 2027 for 2026 income), select 'Itemized Deduction' instead of Standard Deduction. The Rent Tax Special Deduction (房屋租金特別扣除額) line accepts up to NT$120,000. Combined with other itemized items (donations, medical, mortgage), itemizing typically beats standard only if total exceeds NT$131,000 (single) or NT$262,000 (married). Source: mof.gov.tw.