The Middle Class Mortgage Insurance Premium Act of 2025 increases tax benefits for homeowners who pay mortgage insurance premiums. Specifically, the bill doubles the income threshold for claiming the mortgage insurance premium deduction from $100,000 to $200,000 for single filers (and from $50,000 to $100,000 for married couples filing separately), and makes this deduction permanent rather than allowing it to expire. This change benefits middle-class homebuyers who typically put down less than 20 percent on their homes and must pay private mortgage insurance until they build sufficient equity. The provision takes effect for tax years beginning after December 31, 2025, meaning taxpayers can claim the expanded benefit starting with their 2026 tax returns.
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