| http://www.w3.org/ns/prov#value | - They must then use that percentage to compute how much of their home expenses such as rent, mortgage insurance, repairs and utilities can be deducted.The new option is akin to the standard deduction that many individual taxpayers use rather than itemizing expenses like health care costs, mortgage insurance and taxes.The rules that govern whether owners can deduct part of a home will still apply.
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