An overview of how the compensation rules relate to brokers: Broker compensation can be paid as a percentage of the principal mortgage loan with minimum and
maximum dollar thresholds.
Not exact matches
Each
dollar of income that exceeds the
threshold reduces your itemized deceptions by $.03, up to a
maximum of an 80 % reduction of your itemized deductions.
The recovery limits are themselves based on the individual's income for that year; couples / families with income below 200 % of the FPL face a
maximum recovery amount of $ 600, while households up to 300 % of FPL face a
maximum of $ 1,500 and those up to 400 % of FPL may be subject to a $ 2,500 recovery amount (the limits for a single individual are 50 % of these
dollar amounts with the same percentage - of - FPL
thresholds).
The
dollar amount involved must be less than the
threshold amount in your jurisdiction, or between
maximum and minimum amounts.