ï± Home-owners still qualify for the Standard. Mortgage Interest Deduction. ï§ Instead of receiving the mortgage interest. deduction on 100% of the interest paid each. year, they receive it on 85% of the interest. ï§ Tax deductionâ is only a percentage. savings, while Tax Credit is a dollar for dollar. ï± Value of MCC will be considered by the.
Universal Time. Universal Time (UT) is a time standard based on Earth's rotation. It is a modern continuation of Greenwich Mean Time (GMT), i.e., the mean solar time on the Prime Meridian at Greenwich, London, UK.
The abbreviation i.e. stands for id est, which translates literally as âthat is.â Sometimes it might be more useful, however, to translate it as âwhat that means isâ or âthat is to say.â This abbreviation is used to clarify the preceding idea by restating it more simply or in different terms.