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September 26, 2007
House to Markup Bill Excluding Discharged Home Mortgage Debt from Income
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
September 26, 2007 in Congressional News | Permalink
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» PROPOSAL FOR MORTGAGE FORGIVENESS WOULD HIT VACATION HOME OWNERS from Roth & Company, P.C.
The House Ways and Means Committee is working on a bill to exempt home mortgage debt forgiveness from taxes. The... [Read More]
Tracked on Sep 26, 2007 9:23:39 AM
