Additional qualifying expenses include costs related to before - and after - school care for children under 13 and expenses related to a nurse, home care provider, or other care provider for a disabled dependent.
However unlike 529s, Coverdells can be used for tuition and room and board at qualified elementary and secondary schools as well, and can also cover
additional qualified expenses such as tutoring, uniforms, transportation and certain after - school programs and activities.
Not exact matches
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation
expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a
qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued
expenses and other current liabilities and an equivalent decrease in
additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
You can also make
additional withdrawals for other
qualified expenses.
For
qualifying expenses paid in the five boroughs, the state reimburses 30 % of the total outlay, while upstate shoots are eligible for an
additional 10 % rebate.
Special - education students and those who are eligible for free - or - reduced - price lunch
qualify for differentiated aid, which helps districts cover
additional expenses associated with those students.
Amounts distributed from an ESA that exceed the child's
qualified education
expenses may be subject to income tax and to an
additional 10 percent penalty tax.
If the purpose of the withdrawal is not for
qualified educational
expenses, the earnings portion of the withdrawal will be subject to state and federal income tax, as well as an
additional 10 % penalty.
However, if annual distributions exceed your adjusted
qualified education
expenses, you may need to report some of the earnings reported in box 2 as income on your tax return and pay an
additional 10 percent tax on it as well.
If the distribution exceeds
qualified education
expenses, a portion will be taxable to the beneficiary and will usually be subject to an
additional 10 % tax.
Not only that, but the 529 balance is eligible for
additional qualified higher education
expenses in addition to tuition.
A: A larger down payment might help you
qualify for a lower mortgage rate, and it certainly can help you avoid the
additional expense of mortgage insurance on an FHA loan, not to mention the
additional interest you would pay by financing a larger amount.
There are
additional exceptions for (1) distributions used towards
qualified higher education
expenses, (2) distributions up to $ 10,000 used in a
qualified first - time home purchase, and (3) distributions after you have received unemployment compensation for 12 consecutive weeks (or would have been eligible to receive unemployment compensation but for self - employed status).
Any earnings withdrawn that are not used for
qualified expenses are subject to federal income tax and a 10 %
additional federal tax and may also be subject to state income taxes.
NOTE: Your NFIP policy does not cover
Additional Living
Expenses, including temporary housing, but if you
qualify, FEMA's Individuals and Households Program might be able to help.
You pay tax on any
additional amount you withdraw, but you don't pay a penalty because the money is used for
qualified higher education
expenses.
It may credit
additional interest to amounts withdrawn for
qualifying long - term care
expenses.
If you
expense too much you
qualify for less and if you don't take legitimate
expenses you pay
additional income tax.
That's why we are advising self - employed borrowers to get together with their CPA and / or tax advisor to make sure they are not
expensing too much if they'll need the
additional income to
qualify for the mortgage, particularly for borrowers seeking jumbo mortgages or super-jumbo loans.
Amounts distributed from an ESA that exceed the child's
qualified education
expenses in a taxable year may be subject to income tax and to an
additional 10 percent penalty tax.
Distributions not used for
Qualified Expenses Distributions not used for qualified medical expenses are includable in gross income and, for applicants under age 65, subject to an additional
Qualified Expenses Distributions not used for qualified medical expenses are includable in gross income and, for applicants under age 65, subject to an additional 1
Expenses Distributions not used for
qualified medical expenses are includable in gross income and, for applicants under age 65, subject to an additional
qualified medical
expenses are includable in gross income and, for applicants under age 65, subject to an additional 1
expenses are includable in gross income and, for applicants under age 65, subject to an
additional 10 % tax.
Qualified higher education
expenses also include certain
additional enrollment and attendant costs of a beneficiary who is a special needs beneficiary in connection with the beneficiary's enrollment or attendance at an eligible institution.
1 If you do not use the assets in your account for
qualified expenses, the earnings portion of the withdrawal is subject to federal income tax and an
additional 10 % federal tax and may be subject to state and local taxes.
It is our opinion that AHS spay / neuter prices along with their
additional expense requirements do not
qualify them to be listed as a low cost clinic in comparison to the prices of other low cost clinics on our website.
North Shore Animal League America will reimburse eligible Veterinary Assistants for pre-approved tuition
expenses to obtain
additional educational training to
qualify for the position of Licensed Veterinary Technician.
If You can not continue travel due to a covered Injury or Sickness not requiring hospitalization and You must extend Your Trip due to medically imposed restrictions, as certified by a Legally
Qualified Physician, benefits will be paid for
additional hotel nights, meal (s) and local transportation
expenses up to $ 100 per day, limited to 5 days.
If You can not continue travel due to a covered Injury or Sickness not requiring hospitalization and You must extend Your Trip due to medically imposed restrictions, as certified by a Legally
Qualified Physician, benefits will be paid for
additional hotel nights, meal (s) and local transportation
expenses up to $ 100 per day, limited to 10 days and a maximum of $ 1,000.
A clause for
additional living
expenses will hopefully never be put to use; however, if a
qualifying scenario does arise in the course of your Boystown residence, you will find this clause to be of the utmost importance.
If the adoptive parent pays an
additional $ 2,000 in
qualified adoption
expenses in 2018, then that $ 2,000 is allowable in 2018 (subject to the 2018 MAGI and dollar limitations), whether the adoption is domestic or foreign.
«Our 1 percent down payment program is perfect for clients who credit -
qualify for conventional financing, but prefer to keep some
additional cash in their pocket after closing for any unexpected
expenses that might arise,» says Herring.
If you choose an energy efficient mortgage, you can
qualify for a larger loan amount than you otherwise would by factoring in the
additional expense of making energy efficient improvements (or buying an energy - efficient home).