The baseline, non-high-cost conforming loan limits for 2016 are : High-cost conforming loan limits range up to $625,000 for a one-unit home; $800,775 for a two-unit home; $967,950 for a three-unit; and $1,202,925 for a four-unit.
Active duty service members cannot claim uniform purchase expenses; but if you are a reservist and restricted to wear your uniform only while performing your duties, the cost of purchasing your uniforms can be claimed on your taxes.he one downside to deducting the cost of your military uniform is even if you qualify to deduct the cost, it still must exceed 2% of your AGI before it becomes deductible. For example, if you made $50,000 in a year, your unreimbursed uniform expense must exceed $1,000 before any portion becomes deductible. loading....
Second, if you receive a uniform allowance, you must deduct that from your total expenses. Third, you may only deduct uniform costs that exceed 2% of your adjusted gross income. (This is the first major sticking point.). Fourth, your total itemized deduction must exceed the standard deduction.ery few military personnel have uniform or other job related expenses that fit all the necessary criteria for deductability. says: February 15, 2015 at 11:33 am. Kate, your articles are often helpful, but your guidance is a little narrow in focus here.