The House Ways & Means Committee has scheduled a markup session today on H.R. 3648, which would establish a permanent exclusion from gross income for discharged home mortgage indebtedness and extend for seven years the deduction for private mortgage insurance.
- Joint Committee on Taxation, Explanation (JCX-86-07)
- Joint Committee on Taxation, Revenue Estimate (JCX-87-07)
- Bloomberg: Vacation Home Sellers Face $2 Billion Tax Bill in U.S. Measure, by Ryan J. Donmoyer
3 responses to “House to Markup Bill Excluding Discharged Home Mortgage Debt from Income”
PROPOSAL FOR MORTGAGE FORGIVENESS WOULD HIT VACATION HOME OWNERS
The House Ways and Means Committee is working on a bill to exempt home mortgage debt forgiveness from taxes. The…
PROPOSAL FOR MORTGAGE FORGIVENESS WOULD HIT VACATION HOME OWNERS
The House Ways and Means Committee is working on a bill to exempt home mortgage debt forgiveness from taxes. The…
PROPOSAL FOR MORTGAGE FORGIVENESS WOULD HIT VACATION HOME OWNERS
The House Ways and Means Committee is working on a bill to exempt home mortgage debt forgiveness from taxes. The…
PROPOSAL FOR MORTGAGE FORGIVENESS WOULD HIT VACATION HOME OWNERS
The House Ways and Means Committee is working on a bill to exempt home mortgage debt forgiveness from taxes. The…
PROPOSAL FOR MORTGAGE FORGIVENESS WOULD HIT VACATION HOME OWNERS
The House Ways and Means Committee is working on a bill to exempt home mortgage debt forgiveness from taxes. The…