Sentences with phrase «joint income with»

a natural person with income exceeding $ 200,000 in each of the two most recent years or joint income with a spouse exceeding $ 300,000 for those years and a reasonable expectation of the same income level in the current year; or

a natural person with income exceeding $ 200,000 in each of the two most recent years or joint income with a spouse exceeding $ 300,000 for those years and a reasonable expectation of the same income level in the current year

Accredited investor» means either (a) any natural person whose individual net worth, or joint net worth with that person's spouse, exceeds $ 1,000,000; or (b) any natural person who had an individual income in excess of $ 200,000 in each of the two most recent years or joint income with that person's spouse in excess of $ 300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year.

An accredited investor is defined as «any natural person whose individual net worth, or joint net worth with that person's spouse, at the time of their purchase exceeds $ 1,000,000» or «any natural person who had an individual income in excess of $ 200,000 in each of the two most recent years or joint income with that person's spouse in excess of $ 300,000 in each of those years and who reasonably expects to reach the same income level in the current year.»

By cutting back on expenses, Jacobson was able to retire at 38 even though his joint income with his wife never surpassed $ 135,000.

Not exact matches

Joint filers with an income of $ 38,600 or less and single filers with incomes under $ 15,300 would not pay taxes.

The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.

Key Facts: Joint filer with a Schedule C business has a standard deduction of $ 24,000 Business gross income of $ 130,000 Business expenses of $ 30,000 Net profit from business $ 100,000 (qualified business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ 100,000.

With this guaranteed stream of income in retirement, 2 you (and your spouse, if you choose a joint annuity) have the assurance of knowing that some of your income is secure.

A Delaware income tax return must be filed by any Delaware resident with a Delaware adjusted gross income (AGI) of $ 9,400 or more for single filers or married persons filing separately or $ 15,450 or more for joint filers.

Notably, the deduction only applies to «qualified business income» and can't be claimed by taxpayers in service businesses (excluding architecture and engineering) for single filers with taxable income above $ 157,500, and $ 315,000 for joint filers.

The deduction is also available to taxpayers below the age of 65 but it phases out for filers with income over $ 50,000 (for single filers) or $ 75,000 (for joint filers).

For filers (joint or single) with an income less than $ 100,000, the exemption is $ 3,200.

Accredited investors are those individuals whose net worth (or joint net worth with a spouse) exceeds $ 1 million, excluding primary residence; or those who had an income of over $ 200,000 ($ 300,000 with a spouse) in each of the last two years.

For joint filers with combined income below $ 32,000, none of your Social Security is taxed.

For a traditional IRA, full deductibility of a contribution for 2017 for those who participate in an employer - sponsored retirement savings plan is available for those who are married and whose 2017 modified adjusted gross income (MAGI) is $ 99,000 or less, or for those who are single and whose 2017 MAGI is $ 62,000 or less, with partial deductibility for MAGI up to $ 119,000 (joint) or $ 72,000 (single).

An individual who is physically or mentally incapable of self - care, lived with you for more than half of the year, and either: (i) is your dependent; or (ii) could have been your dependent except that he or she has gross income that equals or exceeds the exemption amount, or files a joint return, or you (or your spouse, if filing jointly) could have been claimed as a dependent on another taxpayer's 2015 return.»

Joint filers with adjusted gross income over $ 62,000 can't grab this break, and neither can single filers whose AGI exceeds $ 31,000.

The personal exemption amount starts to phase out for individuals with $ 254,200 AGI (adjusted gross income) and married joint filers with $ 305,050 AGI.

A note on joint calculation with a spouse: You can calculate your annual income or net worth by jointly including your spouse's income or assets.

This is what you get when you are «Married»: Tax Benefits --- Filing joint income tax returns with the IRS and state taxing authorities.

The rights they are missing are: Tax Benefits --- Filing joint income tax returns with the I R S and state taxing authorities.

Tax Benefits --- Filing joint income tax returns with the I R S and state taxing authorities.

The government is expanding its childcare offer to struggling parents — but will continue to help those with a joint income of # 300,000, too.

The wage increase comes along with a $ 1 billion income tax cut for joint filers earning less than $ 300,000 spread out over eight years.

The growing British interest in a citizen's income scheme coincides with an announcement last month that two major UK public pension funds — the Greater Manchester Pension Fund (GMPF) and London Pensions Fund Authority (LPFA)-- will form a joint infrastructure investment venture worth $ 500 million.

Gov. Andrew Cuomo is still in line to receive an additional $ 150,000 to $ 250,000 in «deferred income» from his 2014 memoir «All Things Possible,» according to his 2015 financial disclosure form filed with the state Joint Commission on Public Ethics.

The reduction would apply to single filers with income between $ 20,000 and $ 150,000; heads of households with income between $ 30,000 and $ 225,000; and married joint filers with income between $ 40,000 and $ 300,000.

Lt. Gov. Kathy Hochul, who filed jointly with her husband, former U.S. Attorney Bill Hochul, declared a joint income of $ 367,911.

Cuomo is still in line to receive an additional $ 150,000 to $ 250,000 in «deferred income» from his 2014 memoir «All Things Possible,» according to his 2015 financial disclosure form filed with the state Joint Commission on Public Ethics.

UPDATE: Liz adds, for clarity: To be clear, the state already has five tax brackets with a top rate of 6.85 percent that kicks in for joint filers with taxable incomes over $ 40,000.

Senate Republicans continue to raise concerns with a $ 15 minimum wage, even as Cuomo says a $ 1 billion income tax cut for joint filers earning $ 300,000 is on the table and the wage increase itself would be phased in over time periods across the state.

-- Lawyer - legislators would be required to disclose and provide an explanation of any source of income over $ 1,000 in forms filed annually with the state's Joint Commission on Public Ethics.

However, in June 2011 Cuomo reached a deal with the Legislature that started a new ethics body - the Joint Commission on Public Ethics (JCOPE)- and passed a law to require stricter disclosure on legislators» outside income.

Taxpayers eligible for the savings include single filers with taxable income between $ 20,000 and $ 150,000; heads of households with taxable income between $ 30,000 and $ 225,000; and married joint filers with taxable income between $ 40,000 and $ 300,000.

The amount of information about officials» outside income has gradually increased throughout Cuomo's administration, and in the past nine years alone, the State Ethics Commission has been deemed a failure and replaced with the Commission on Public Integrity, which was subsequently deemed a failure and replaced with the Joint Commission on Public Ethics.

Projects have included senior housing, housing for people with AIDS, middle - income apartments, non - and for - profit joint ventures, and state and federal low - income housing tax credit rental developments.

Information about Percoco's outside income that had been filed with the Joint Commission on Public Ethics in 2013 and 2015 was part of the allegations.

On a state - mandated financial disclosure form filed with the Joint Commission on Public Ethics and made public today, Percoco listed COR along with the Cuomo campaign as one of his sources of income.

Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited liability companies to donate virtually unlimited amounts of campaign cash; public financing of candidate campaigns; the end of lump sum appropriations in the budget; limits on political contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).

Legislators addressed the proposal in February, when the Senate and Assembly passed a joint resolution requiring any legislator earning more than $ 5,000 in outside income to seek an advisory opinion from the Legislative Ethics Commission as to whether the employment is consistent with the Public Officers Law.

In the coming months, Europe's Council of Ministers must agree on a joint version of the plan with the incoming European Parliament before the final text can be adopted, possibly next year.

Through a joint venture with City First Bank, CSDC received a $ 40 million allocation of the federal income tax credits in 2006.

Dr Mary Bousted, joint general secretary of the National Education Union, said: «With most schools overspending their income, it is clear that schools» needs are not being met by the government.

Further, particular aspects of teachers» professional community — a shared sense of intellectual purpose and a sense of collective responsibility for student learning — were associated with a narrowing of achievement gaps in math and science among low - and middle - income students.14 Strong professional learning communities require leadership that establishes a vision, creates opportunities and expectations for joint work, and finds the resources needed to support the work, including expertise and time to meet.15 Collaborative teacher teams can improve practice together by: 16

But indie authors have also started to do joint venture deals with freelancers, giving them a chance to build a reputation for themselves, as well as longer term income.

To be an accredited investor, a person must demonstrate an annual income of $ 200,000, or $ 300,000 for joint income, for the last two years with the expectation of earning the same or higher income.

For applicants with spouses or partners who are not applicants, LRAP will consider the applicant's qualifying employment income or half of the joint income, whichever is higher.

Those with an adjusted gross income between $ 65,001 and $ 80,000 ($ 130,001 to $ 160,000 for joint returns) only qualify for a tax deduction of $ 2,000.

The same applies for joint filers with income exceeding $ 250,000.