HMID

(redirected from Home Mortgage Interest Deduction)
Also found in: Financial.
AcronymDefinition
HMIDHealth and Medical Informatics Digest (magazine)
HMIDHome Mortgage Interest Deduction (US)
HMIDHazardous Material Inventory Database
HMIDHalf-Maximal Inhibitory Dose
References in periodicals archive ?
Proper financial planning regarding mortgage structure may increase taxpayer cash flows while simultaneously increasing the home mortgage interest deduction, resulting in significant tax savings for millions of homeowners.
The Home Mortgage Interest Deduction has been pared down, making homeownership more expensive.
He was behind key negotiations that helped to make the home mortgage interest deduction available up to $750,000.
Its call for a reduction in the home mortgage interest deduction brought immediate criticism from home builders and others.
The Ninth Circuit Court of Appeals has reversed the Tax Court and applies the home mortgage interest deduction limits on a per-individual basis and not on a per-residence basis (Voss v.
* The IRS explains the taxation of reverse mortgages in Publication 936, Home Mortgage Interest Deduction, p.
In the case of an unwed couple filing separate income tax returns, the IRS will allow both to take their home mortgage interest deduction as long as they each have a vested interest in the property, said Mark J.
But what I found troubling was that certain members of the Legislature wanted to go after the home mortgage interest deduction.
On their 2005 joint federal income tax return, the Normans claimed an $88,507 home mortgage interest deduction with respect to the Yorkshire property.
But what's arguably most important to the cap rate debate will be the fate of the home mortgage interest deduction.
Your home mortgage interest deduction, charity, child tax credit, and so forth, you can use those as part of filling that bucket, if you will, of deductions."
For example, the home mortgage interest deduction has been called "the 'most sacred tax break in the code,' the 'third rail of tax reform,' a member of the 'Holy Trinity of U.S.