Definition of seep in the Idioms Dictionary. seep phrase. What does seep expression mean? Definitions by the largest Idiom Dictionary.
If your loan is for 30 years then you can deduct 1/30th of the points each year on your taxes. Typically you must deduct the points on a refinance mortgage over the life of the loan unless part of the refinance proceeds are used to improve the main home.
For details on claiming miscellaneous deductions and figuring the 2 percent limit, see Publication 529.The fees are deductible in the tax year they occur. For example, fees charged to payments made during 2009 can be claimed on the 2009 return filed next year.or details on claiming miscellaneous deductions and figuring the 2 percent limit, see Publication 529.The fees are deductible in the tax year they occur. For example, fees charged to payments made during 2009 can be claimed on the 2009 return filed next year.