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Tax Tip

7/17/2013

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Schedule A itemized deduction for Mortgage Insurance Premiums (PMI) has been extended through the end of 2013 and is scheduled to expire at that time.  The deduction does have a phase-out provision once you Adjusted Gross Income (AGI) reaches $100,000, and is completely phased out when you AGI reaches $110,000.  Call if you have questions.
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