Sentences with phrase «adjusted gross household income»

For 2016, the tax is 2.5 % of modified adjusted gross household income or $ 695 per person, whichever is greater.

The deduction is reduced by 10 percent for each additional $ 1,000 of adjusted gross household income, phasing out after $ 109,000.

During those years, PMI was fully tax - deductible for borrowers if their adjusted gross household income was $ 100,000 or less.

Not exact matches

For single and head - of - household taxpayers in that situation, the deduction is phased out for modified adjusted gross incomes between $ 63,000 and $ 73,000 for 2018.

Called «Bucky's Tuition Promise,» the program will cover four years of tuition and fees for in - state students whose family's annual household adjusted gross income is $ 56,000 or less.

In 2017, Pease reduces itemized deductions by 3 percent of the amount by which adjusted gross income exceeds specified thresholds — $ 261,500 for single filers, $ 287,650 for heads of household, $ 313,800 for married couples filing jointly, and half of that for married couples filing separately.

To qualify in 2016, a family's modified adjusted gross income may not exceed $ 65,000 for single, head of household, or qualifying widower filers or $ 130,000 for married filers.

The Affordable Care Act says that health insurance is affordable if premiums cost no more than 9.5 % of a household's modified adjusted gross income.

If your filing status is single or head of household and your modified adjusted gross income (MAGI) is below $ 62,000, you can contribute up to $ 5,500 ($ 6,500 if you are age 50 or older) pretax in 2017; if your MAGI is between $ 62,000 and $ 72,000, you can make a partially deductible contribution.

Under Golden's legislation, a student in a household with an adjusted gross income of $ 500,000 would be eligible, and that income limit would increase by $ 10,000 per additional child, not to exceed $ 550,000.

The law places no limits on recipients» household incomes (i.e., it's not «means - tested» for low - income families), and in fact the average adjusted gross income of recipient families was $ 51,923, slightly higher than the state's 2012 median income.

For example, if you file as a single, head of household, or qualifying widow (er) taxpayer for the 2017 tax year and have more than $ 75,000 in adjusted gross income ($ 55,000 for married filing separately, $ 110,000 for joint filers), the reduction increases as the amount exceeding the limit increases.

For 2018, the adjusted gross income amount that results in the credit phasing out begins at $ 200,000 for single, head of household, or married filing separate filers and $ 400,000 for joint filers.

«Income is defined as household, adjusted gross - income including other sources of income such as social security benefits and interest on municipal Income is defined as household, adjusted gross - income including other sources of income such as social security benefits and interest on municipal income including other sources of income such as social security benefits and interest on municipal income such as social security benefits and interest on municipal bonds.

Also, the opportunity to contribute to a Roth IRA is now phased out as your modified Adjusted Gross Income rises between $ 167,000 and $ 177,000 if you are married filing jointly, or $ 105,000 to $ 120,000 if you are single or a head of household.

Homebuyers who file as single or head - of - household taxpayers can claim the full credit if their modified adjusted gross income (MAGI) is less than $ 125,000.

In 2017, the credit phases out at modified adjusted gross incomes between $ 112,000 and $ 132,000, assuming you're married filing jointly, and between $ 56,000 and $ 66,000 if you're single or head of household.

The deduction phases out if your modified adjusted gross income is between $ 135,000 and $ 165,000 and you're married filing jointly, or between $ 65,000 and $ 80,000 and you're single or you file as head of household.

* Single filers: If you are «single» or «head of the household» and «married filing separately» and your adjusted gross income is $ 105,000, then you can contribute the full $ 5000 to a Roth IRA account.

If you filed Married in 2016, full contribution was possible if your household adjusted gross income was less than $ 184,000.

The average mortgage interest deduction for households with an adjusted gross income of $ 50,000 to $ 100,000 was more than $ 10,000.

Account Owners must be Kansas Residents and the total 2017 Federal Adjusted Gross Income for all members of the account owner's household must be less then the amounts listed in the chart below.

These students must be from a household with a federal adjusted gross income of no more than $ 100,000 for 2017 - 18 or $ 110,000 for the 2018 - 19 academic years.

The adjusted gross income limitation for determining the retirement savings contribution credit for taxpayers filing as head of household is $ 30,000.

For Tax Year 2017, the limit on modified adjusted gross income (MAGI) is $ 160,000 if married filing jointly and $ 80,000 if single, head of household, or qualifying widow (er).

Currently, a person that is filing as a single head of household only needs to have an adjusted gross income above $ 25,000 before their Social Security benefits may become taxable.

The federal government will kick in up to an additional 1 percent of earnings for low - income couples with an adjusted gross income (AGI) below $ 40,000, single taxpayers with an AGI below $ 20,000, and head of household filers with an AGI less than $ 30,000.

This tax only affects certain households or individuals that meet certain thresholds of net investment income or modified adjusted gross income... Read More

Through IBR, any borrower can cap payments on his loans at 10 percent of a portion of his income, which is calculated by deducting 150 percent of the poverty line for his household size ($ 17,655 for a single person without dependents) from the adjusted gross income stated on his federal tax return.

Your discretionary income is equal to your adjusted gross income minus 150 % of the poverty threshold for your state and household size.

The deduction phases out when your household's adjusted gross income — that's your income before any deductions — reaches $ 100,000, whether you're married filing jointly or single.

Households with adjusted gross incomes (AIG) of $ 100,000 or less will be able to deduct 100 percent of their mortgage insurance premiums.

A modified adjusted gross income limit (MAGI) of $ 110,000 — $ 125,000 is set for single filers, head of households, and married couples filing separately but not living together.

Change tax rate on income from interest, capital gains, and dividends to zero for households with adjusted gross income of under $ 200,000.

Median gross rent, including utilities and adjusted for inflation, increased 6 percent from 2001 to 2014, according to the Center on Budget & Policy Priorities; median renter household income fell 9 percent.

In 2013, the national median inflation - adjusted family net worth — the difference between families» gross assets and their liabilities — increased only in the upper — middle income tiers of households (the top 40 percentile of income) compared to 2010.

While virtually all economists and reporters use «real» as meaning inflation - adjusted numbers for gross domestic product, wages and household income, real estate numbers are always nominal.