H.R. 4134 · 108th Congress
Home Mortgage Tax Simplification Act of 2004
- Stage
- In committee
- Sponsor
- Amo Houghton
- Introduced
- 2004-04-02
- Latest action
- 2004-04-02 · Introduced in House
Summary
Home Mortgage Tax Simplification Act of 2004 - Amends the Internal Revenue Code to allow a tax deduction in the current taxable year of points paid for the refinancing of a principal residence to the extent that the resulting indebtedness does not exceed the sum of: (1) the amount of debt refinanced; plus (2) the lesser of $10,000 or the points paid.