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Hi there,
Question related to Tax..
Can I distribute Principal amount of home loan under 80C between two People..
For example.. I Have principal amount of 2Lac.. and want to distribute it in 1.5 Lac & 50k between me and my Dad.. (my dad is co-owner in loan)
Can't find answer online so asking here.. if you find it... Link will be helpful.
Thanks
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Agree with comment above ^ usually you can check how much in the w2 portal and reduce the amount to 0 if you have your own health insurance
Insurance… your paycheck deduction…
I think I am confused by the question.
It comes out automatic. I'm not sure the exact percentage