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HOME INCOME & RENT LIMITS (For San Jose Sunnyvale Santa Clara CA HUD Metro FOR Area) Effective Date: June 15, 2017, INCOME LIMITSIncome Level % of AMI Extremely Low Income (30% AMI) Very Low Income
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Home income amp rent refers to the income generated from renting out a property that is used as a primary residence.
Anyone who earns income from renting out their primary residence is required to file home income amp rent.
To fill out home income amp rent, you will need to report the amount of rental income earned from your primary residence.
The purpose of home income amp rent is to accurately report rental income earned from a primary residence for tax purposes.
On home income amp rent, you must report the total amount of rental income earned from your primary residence.
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