Sentences with phrase «against his other income for»

Not exact matches

Prices for gold bullion and other precious metals have climbed over the past decade to new heights as investors sought protection against the erosion of incomes and wealth by inflation.

Among other things, qualifying investors can get tax relief equal to 30 % of the cost of those shares, to be set against their income taxes owing for the year during which the shares were purchased.

In that case, according to the IRS, rental losses of up to $ 25,000 for single taxpayers and married couples filing jointly (and $ 12,500 for married filing separately) can be used against other types of income.

This is quite likely to be the case: Statistics Canada has many other sources of information that can be used as a check against the NHS: tax files can be used for income, CMHC data for housing, and so on.

Mortgage lenders must weigh the borrower's income and assets against (A) the expected mortgage payments; (B) other expenses relating to the mortgage, such as home insurance and property taxes; (C) payments for other loans associated with the property, such as a second mortgage; and (D) all other recurring debt obligations.

Your desire to keep your baby with you should be weighed against other realities, such as your mental health (taking breaks from your baby can be good for both of you), your need to bring in income through work, and your baby's need, over time, to learn to get along with others.

If you sell it for less than your inherited basis, the result is a capital loss, which you can use as a tax write - off against other investment gains or other income.

The plan calls for independent oversight of the city's Housing Preservation Department; establishing a public education campaign to inform tenants about HPD's role; empowering a new body or building inspectors to collect fines against landlords; having HPD make repairs not completed by the landlord in the specified amount of time and then billing the landlord; making inspectors carry citations in multiple languages and send out reports in multiple languages; forcing landlords to make repairs within 24 hours of emergency violations; establishing an East Harlem HPD oversight team as a pilot for other areas with at - risk low - income housing; providing inspections 24 - hours - a-day, 7 - days - a-week; and improving HPD's follow - up on violations.

There has been a serious setback in terms of following the path towards a commitment of 0.7 % of Gross National Income for ODA, that the government had promised for 2012 (and that the other political parties with parliamentary representation had supported, through the Spanish National Pact Against Poverty), The ODA estimates established in the plan for 2013 indicate that this year, we will fall to 0.20 %, a percentage which takes us back to 1990 and which is a great distance away from the agreed 0.7 %.

The program will establish a nonrefundable tax credit which may be applied against the individual income tax, corporate income tax, the limited liability entity tax, or the bank franchise tax, for donations to fund scholarships for Kentucky families so that they can afford the cost of nonpublic school tuition or other important educational services.

There are other examples not specifically mentioned here such as a monthly housing payment being low by comparison to the borrowers» monthly income or a high debt to income ratio might be allowed if a house with a mortgage against it is pending sale but won't close prior to the need for the new mortgage.

For taxation years ending after March 20, 2013, your other sources of income must be subordinate to farming in order for farming losses to be deductible in full against your income from those other sourcFor taxation years ending after March 20, 2013, your other sources of income must be subordinate to farming in order for farming losses to be deductible in full against your income from those other sourcfor farming losses to be deductible in full against your income from those other sources.

Because tax deductions can often be written off against your other income and produce refunds for you.

Again, Frank can only deduct $ 3,000 of final net short - or long - term losses against other types of income for that year and must carry forward any remaining balance.

An immediate annuity's ability to transfer money from people who die early to those who die late is largely the reason that a recent study by former U.S. Treasury official Mark Warshawsky concluded that while an annuity didn't always provide more retirement income than using the 4 % rule or other type of systematic withdrawal, it did so often enough that «it is hard to argue against a significant and widespread role for immediate life annuities in the production of retirement income.»

If you sell shares for a loss, the loss can be used to offset taxable gains or even as a deduction against your other income.

And just an FYI: if you have 500k or more, you qualify for the J series, where the Dividend fund cost you 2.18 %, million plus and you are into the U series where roughly half of the former MER is now a management fee and deductible against other forms of investment income and income depending on your province of residence.

In other words, it's like a credit against the income taxes that you must pay for the year.

For purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means teFor purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means tefor the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means test.

Section 223 (e) helps to meet the need for adequate housing for moderate and low income families by insuring lenders against the risk of default on mortgage loans to finance the rehabilitation, purchase, or construction of housing in declining, older, but still viable urban areas where requirements for other mortgage insurance can't be met.

If a net rental loss results, it can generally be deducted against other sources of income for the year.

For example, at the moment with NG, if your annual gross rent is $ 10,000 and your total costs including depreciation is say $ 15,000, then you can use the additional $ 5,000 in expenses against your other income and thus reduce the amount of tax you pay for that year (if your marginal tax rate was say 30 % then you would pay $ 5,000 x 0.30 = $ 1,500 less in tax for that yeaFor example, at the moment with NG, if your annual gross rent is $ 10,000 and your total costs including depreciation is say $ 15,000, then you can use the additional $ 5,000 in expenses against your other income and thus reduce the amount of tax you pay for that year (if your marginal tax rate was say 30 % then you would pay $ 5,000 x 0.30 = $ 1,500 less in tax for that yeafor that year (if your marginal tax rate was say 30 % then you would pay $ 5,000 x 0.30 = $ 1,500 less in tax for that yeafor that year).

Each year, your losses are limited to offsetting your capital gain income for the year, plus an additional $ 3,000 against other income.

But at the same time, your mortgage payments have to be more than 31 percent of your income, meaning you are pressing up against the limit of what a likely candidate for refinancing looks like, assuming you have other debts, like a car loan or credit - card bills.

If you sell an investment at a capital loss, you can claim that loss against other capital gains for the year; or if you have none, you can carry the loss back up to three years to offset other net capital gains reported on your previous income tax returns; or you can carry forward the loss to claim against future capital gains.

... and unlike hip x-rays or other one - time procedures that require anesthesia, tooth cleaning represents repeated risk for the dog weighed against repeat income for the veterinary practice.

Survival is co-operative multiplayer game for up to five players that combines Overrun from versus and the well - known Horde Mode from other Gears of War titles — it's a fast, intense, class - based game mode and requires a survival against 10 waves of incoming Locusts.

Leading figures in the British art world, from Grayson Perry to incoming Tate director Alex Farquharson, have written a letter to the Guardian protesting against the potential closure of a gallery in the West Midlands that has been a prototype for others.

The income provides a buffer against crop failures or other economic crises, as well as money for household expenses, health care or school fees.

(i) Certain types of claim, eg those relating to travel and staff costs, may result in amounts being offset for tax purposes against «other income».

Business Development: Brokering various business dealings that further the diversification of Indian economies Developing and accessing commercial financial programs and services for tribal governments, including tax - exempt offerings and federally - guaranteed housing loans Serving as issuer or underwriter's counsel in tribal bond issuances Ensuring tribal compliance with Bank Secrecy Act and other federal financial regulatory requirements Handling federal and state income, excise, B&O, property and other tax matters for tribes and tribal businesses Chartering tribal business enterprises under tribal, state and federal law Registering and protecting tribal trademarks and copyrights Negotiating franchise agreements for restaurants and retail stores on Indian reservations Custom - tailoring construction contracts for tribes and general contractors Helping secure federal SBA 8 (a) and other contracting preferences for Indian - owned businesses Facilitating contractual relations between tribes and tribal casinos, and gaming vendors Building tribal workers» compensation and self - insurance programs Government Relations: Handling state and federal regulatory matters in the areas of tribal gaming, environmental and cultural resources, workers» compensation, taxation, health care and education Negotiating tribal - state gaming compacts and fuel and cigarette compacts, and inter-local land use and law enforcement agreements Advocacy before the Washington State Gambling Commission, Washington Indian Gaming Association and National Indian Gaming Commission Preparing tribal codes and regulations, including tribal court, commercial, gaming, taxation, energy development, environmental and cultural resources protection, labor & employment, and workers» compensation laws Developing employee handbooks, manuals and personnel policies Advocacy in areas of treaty rights, gaming, jurisdiction, taxation, environmental and cultural resource protection Brokering fee - to - trust and related real estate and jurisdictional transactions Litigation & Appellate Services: Handling complex Indian law litigation, including commercial, labor & employment, tax, land use, treaty rights, natural and cultural resource matters Litigating tribal trust mismanagement claims against the United States, and evaluating tribal and individual property claims under the Indian Claims Limitation Act Defending tribes and tribal insureds from tort claims brought against them in tribal, state and federal courts, including defense tenders pursuant to the Federal Tort Claims Act Assisting tribal insureds in insurance coverage negotiations, and litigation Representing individual tribal members in tribal and state civil and criminal proceedings, including BIA prosecutions and Indian probate proceedings Assisting tribal governments with tribal, state and federal court appeals, including the preparation of amicus curiae briefs Our Indian law & gaming attorneys collaborate to publish the quarterly «Indian Legal Advisor ``, designed to provide Indian Country valuable information about legal and political developments affecting tribal rights.

I thought I would post some information about these common auto collisions claims that I have seen and personally worked with as well as what you can do to protect yourself against having to be responsible for medical expenses, lost income and other consequences of being involved in a car accident in Los Angeles.

We will then bring a claim against your insurance company for your medical expenses, lost income, pain and suffering, and other damages.

In case you get in an accident and you are at fault for other people's bodily injuries or death, Bodily Injury Liability (BI) will cover medical bills, pain or suffering, loss of income of another party in an accident and a legal defense if they file a lawsuit against you.

If a need arises, you can borrow against this money to help cover lost income, mortgage payments, education costs or other expenses, or you can simply leave it as a nest - egg for your children or grandchildren.

This very competitively priced plan provides long term protection that can help in meeting a wide variety of needs, including income for a surviving spouse and / or other loved ones, funds for paying estate taxes, funding for business continuation plans, and / or protection against the loss of a key employee or business owner.

These plans provide risk cover for loss of income, financial liabilities (home loan and other loans), financial responsibilities (children's education, marriage etc.) against untimely death of the family bread earner.

For example, voluntary job changes that reduce income are generally not grounds for a motion for an increase in child support against the other spouFor example, voluntary job changes that reduce income are generally not grounds for a motion for an increase in child support against the other spoufor a motion for an increase in child support against the other spoufor an increase in child support against the other spouse.

Although there are policies in Wales that aim to address violence, including the recent «Framework for Managing the Night - Time Economy in Wales», 54 the Well - being of Future Generations (Wales) Act, 55 which provisionally includes a national indicator around «feeling safe in the community», and the Violence Against Women, Domestic Abuse and Sexual Violence (Wales) Act (2015), 56 more can be done to address key risk factors through other measures, including policy.1 Violence is strongly linked to social determinants such as unemployment; income and gender inequality; limited educational opportunities; and cultural, social and gender norms.1 Any comprehensive violence prevention strategy must recognise the influence of such factors and identify ways to mitigate or protect againstAgainst Women, Domestic Abuse and Sexual Violence (Wales) Act (2015), 56 more can be done to address key risk factors through other measures, including policy.1 Violence is strongly linked to social determinants such as unemployment; income and gender inequality; limited educational opportunities; and cultural, social and gender norms.1 Any comprehensive violence prevention strategy must recognise the influence of such factors and identify ways to mitigate or protect againstagainst risks.

This could be life altering for the low - income population whose funds mostly go towards mortgage payments and other bills, making preventative measures against flooding an unaffordable expense.

If, for example, you received $ 19,000 in Social Security last year, you would be able to deduct $ 10,000 against income from a public pension, IRA or other type of retirement savings account.

-- You were rejected because your debt - to - income ratio was too high and you have the means to reduce it — for example, by borrowing against a 401 (k) in order to pay down other debt.

Typically, the interest rate for hard money loans against rental properties ranges between 9 and 12 percent, depending on the particular lender and various other factors that are involved (e.g., income production, vacancy rates, type of tenants, turnover, etc.).