Sentences with phrase «amount of additional income»

Insurance companies generate revenue from insurance policy premiums, but a substantial amount of additional income can be gleaned from investments made with premium payments.

Not exact matches

Unfortunately, over the years, more and more middle income taxpayers have been subject to the AMT and have consequently owed additional taxes, because the AMT exemption — the amount of income which isn't subject to additional taxes — isn't indexed to inflation.

(l) Except as otherwise set forth in Schedule 2.7 (l) of the Disclosure Schedule, (i) the Company is not and will not be obligated to pay separation, severance, termination or similar benefits as a result of any of the transactions contemplated by this Agreement, nor will any such transactions accelerate the time of payment or vesting, or increase the amount, of any benefit or other compensation due to any individual; and (ii) the transactions contemplated by this Agreement will not cause the Company to record additional compensation expense on its income statements with respect to any outstanding Stock Option or other equity - based award.

Step 3: Determine the amount of additional taxable income (above your estimated level in Step 1) that you can withdraw from a tax - deferred account, like a traditional IRA or 401 (k), without affecting your target marginal tax rate.

Any additional gain or loss recognized on such premature sale of the shares in excess of the amount treated as ordinary income will be characterized as capital gain or loss.

Specific policies include a Canada Employment Credit and Tax Fairness Plan to reduce taxes for working families and seniors; tax credits for public transit, kid's sports, textbooks, tools, and apprentices; increased support to the provinces and territories to create new child care spaces; increasing the Senior Age Credit amount by an additional $ 1,000; and allowing income splitting for caregivers of family members with disabilities.

Net operating income is used because this is the amount of income that comes from annual sales of products and services, but not from additional sources like investment income.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

All of these things would appear to happen at once: * Start paying the new 40p rate on further earnings (reducing the value of the additional income) * Lose child benefit (the amount will differ according to the number of children, but could be # 2500 for 3 children), esp if there is no taper.

The main intention of the endowment is to invest it, so that the total asset value will result to an inflation - adjusted principal amount, along with additional income which will be used for further investments and additional expenditures.

«By maintaining a significant amount of cash in a checking account, not only did the SCA fail to comply with the investment requirements of the Public Authorities Law, but also lost the opportunity to generate additional investment income on these funds,» said a report by Comptroller Scott Stringer.

But in April 2010 Labour's «additional rate» came into force, meaning anyone earning more than # 150,000 a year had to pay 50p in every pound of income over that amount.

Critics have been quick to criticize both the relatively low level of funding overall and the amount of the additional assistance (about 12 percent more) given to low - income children and children with disabilities.

Low - income pupils benefited even more, with their reading age improving by 5 additional months in the same amount of time.

For a middle - income family, the researchers estimated that an additional $ 100 in 529 savings would reduce the amount of aid they'd receive over four years by $ 15.

In districts like LA Unified, where low - income students make up over 55 percent of enrollment, the state will also give additional funding that adds an additional 50 percent of the base amount.

There's a certain amount of subjectivity involved that mainly centers around whether additional guaranteed lifetime income might make you feel more secure about retirement and better able to enjoy your post-career life.

If you do not benefit from the full amount of the Child Tax Credit (because the credit is greater than the amount of income taxes you owe for the year), you may be eligible for the refundable Additional Child Tax Credit.

The total amount you owe each month for all the student loans you received is 20 % or more of your total monthly gross income (additional conditions apply)

If you regularly owe taxes when you file your return, or if you have other income sources or deductions that may affect your tax rate, adding an additional withheld amount on line 6 of your W - 4 may put you in a refund position or keep you from owing too much.

If you get $ 1,000,000 of debt forgiven in settlement, you will be taxed on that amount as additional income.

The current A-CESG is such that an additional 20 per cent grant is added if your family net income (the sum of the amounts reported on line 236 of you and your spouse's — if applicable — tax form) is below $ 43,953.

Templeton Foreign Smaller Companies Fund (FINEX), Templeton Global Balanced Fund (TAGBX) and Templeton Global Opportunities Trust (TEGOX) have each added the ability to «sell (write) exchange traded and over-the-counter equity put and call options on individual securities held in its portfolio in an amount up to 10 % of its net assets to generate additional income for the Fund.»

We argue that when writing covered calls against the 20 underlying positions in the portfolio on a monthly basis to generate additional income, that doing this in a WRAP account can be very advantageous and offer a competitive total return based on the amount of risk that is being taken.

If in this case the full amount of the distribution is taxable, the additional tax (not including the regular income tax amount on the distribution at your tax rate) would equal $ 3,975.

This is an additional 15 % tax on the lessor of your concessional contributions or the amount in excess of the Division 293 income threshold.

Modified Adjusted Gross Incomes (MAGI) over $ 200,000 will be subject to additional 3.8 % Medicare tax on all dividends and capital gains, regardless of the amount

The minimum benefit amount is the sum of the monthly income payments for the number of months in the selected protected period — excluding any additional prorated amount that is included in the first monthly payment.

The 7 - pay test basically places a cap on the amount of money you can put into a policy for the first seven years of its duration — pump in more money than the cap allows, and your policy becomes an MEC, which is subject to both normal income taxes and an additional tax penalty whenever loans are taken out on the policy before age 59 1/2.

Although you owe a substantial amount of tax on this additional income, you fall within an exception to the requirement to make estimated tax payments.

If your income is low enough, or if the amount of money you are withdrawing from your RRSP is small enough, the additional income you are withdrawing from your RRSP might not make your total income jump to a higher tax bracket.

From the loan standpoint, delays occur when the bank requires some type of loan condition, such as additional credit references, additional paperwork to show income, or a higher escrow amount.

Pulling additional money out of your RRSP to pay off that debt will count as income in the eyes of the CRA and that could increase the total amount of tax your pay.

The Quebec grant offers a maximum annual amount of $ 250 (with an additional $ 50 for middle - income and low - income families) and a maximum lifetime grant of $ 3,600 — or 50 % of the CESG — and is payable for any RESP contribution made since February 21, 2007.»

In addition to normal income tax, you will owe a penalty of additional tax on the amount of the early withdrawal (unless you meet an exception).

[xxvi] Put another way, his maximum future loan payments are based on his income, which can be estimated for his profession and therefore reveal the amount of debt where an additional dollar of borrowing does not translate into additional payments.

If the household income exceeds 400 % of the FPL, the entire amount of any premium assistance credits «accidentally» advanced on behalf of the individual or family must be repaid as an additional tax liability when the tax return is filed.

Notably, these limits only apply if the amount of advanced tax credits was too high, such that the taxpayer was overcredited and needs to pay back the excess amounts received; if the credits were too low, there is no limit on what the taxpayer can receive in additional credits when the tax return is ultimately filed (beyond the limits of the premium assistance tax credit itself) in the event that income dropped significantly and a higher credit was due.

At the end of the year, those eligible for premium assistance tax credits will be required to reconcile the actual credit that should have been earned based on actual income that year, with the amounts that were subsidized to the exchange, and receive either a refund (if more credits are due) or owe an additional tax obligation (if the subsidies were «overpaid» relative to the actual credit earned).

Your tax bracket can be used to estimate the amount of additional tax you'll pay if your income increases — or the amount you'll save if you can claim a deduction.

Meanwhile, I'm exhausted spelling out the compelling investment thesis here, let's just refresh a few of the best metrics instead: Net cash & investments amount to $ 2.39 per share — that's well over 50 % of the current share price, and that ignores an additional $ 2.59 per share in unrecognised gross embedded incentive income.

As you can see in our table, for the senior with an income of $ 85,000, an extra $ 1,000 in interest income reduces OAS by $ 150, but the same amount of additional dividend income reduces OAS by $ 212.

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 year).

However, if they were to be able to use the additional 100 % of the rental income from the secondary suite of $ 1,000 per month, the maximum mortgage amount increases to approximately $ 449,000.

As well, in a bankruptcy you could have to repay your creditors additional monies based upon the amount of your income.

This is great for the credit card company as it increases the amount of interest they earn from their customers accounts and provides many opportunities for additional income in the form of fees and penalty charges on the accounts.

Finding additional money to pay bills or to save can be a difficult task for nearly all financial situations, but it is possible for anyone to use some simple cost cutting ideas to increase the amount of income they can keep in their own pocket.

In the «Add» l Fwd Inc» column, I show the amount of additional annual forward dividend income that resulted from reinvesting each of this month's paid dividends.

In 2018, these seven companies alone will provide me with additional dividend income in the amount of roghly USD 500.

Net Investment Income Tax Pursuant to IRC Section 1411: When applicable, an additional 3.8 % surtax applies to taxpayers with «net investment income» who exceed threshold income amounts of $ 200,000 for single filers and $ 250,000 for married couples filing joIncome Tax Pursuant to IRC Section 1411: When applicable, an additional 3.8 % surtax applies to taxpayers with «net investment income» who exceed threshold income amounts of $ 200,000 for single filers and $ 250,000 for married couples filing joincome» who exceed threshold income amounts of $ 200,000 for single filers and $ 250,000 for married couples filing joincome amounts of $ 200,000 for single filers and $ 250,000 for married couples filing jointly.