If your AGI ranges between $100,000 and $109,000, you can use a worksheet included with Schedule A of your income tax form to determine how much you can deduct from your taxes. Borrowers with an AGI less than $100,000 can deduct 100% of their PMI premiums. The PMI tax deductions are effective for both home purchase and refinancing transactions. Depending on household income, both FHA MIP and USDA can be deductible as well. If you own the property jointly, or if another person paid a portion of the insurance premiums, you can claim only the amount that you paid.
27th Amendment   The most recent amendment is the 27th, which prevents raises that congressmen give themselves from taking effect before the next election.
The 24th Amendment. On this date in 1962, the House passed the 24th Amendment, outlawing the poll tax as a voting requirement in federal elections, by a vote of 295 to 86.At the time, five states maintained poll taxes which disproportionately affected African-American voters: Virginia, Alabama, Mississippi, Arkansas, and Texas.n January 23, 1964, the 24th Amendment became part of the Constitution when South Dakota ratified it. Image courtesy of Library of Congress One of the longest-serving House Members in history, Congressman Emanuel Celler of New York dedicated nearly 50 years of service to his Brooklyn-area constituents.