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.
â¢ UT (noun) The noun UT has 3 senses: 1. the local time at the 0 meridian passing through Greenwich, England; it is the same everywhere. 2. a state in the western United States; settled in 1847 by Mormons led by Brigham Young. 3. the syllable naming the first (tonic) note of any major scale in solmization. Familiarity information: UT used as a noun is uncommon.