Looking at self-employed borrower income for tax year 2021
Every year mortgage professionals work with self-employed borrowers to determine their taxable income. MGIC Customer Trainer Jeff Platfoot joins us for this quick episode to discuss 2021 tax returns and what’s changed for this year, including mileage and meal deduction.
The opinions and insights expressed in this Q&A are solely those of its interviewee and do not necessarily represent the views of either Mortgage Guaranty Insurance Corporation or any of its parent, affiliates, or subsidiaries (collectively, “MGIC”). Neither MGIC nor any of its officers, directors, employees or agents makes any representations or warranties of any kind regarding the soundness, reliability, accuracy or completeness of any opinion, insight, recommendation, data, or other information contained in this blog, or its suitability for any intended purpose.