Sentences with phrase «applicable tax year»

To qualify, the couple must be legally married as of the last day of the applicable tax year.

An eligible student is a person who has not completed the first four years of post-secondary education, enrolls in at least one academic semester during the applicable tax year and maintains at least half - time status in a program leading to a degree or other credential.

To claim the «single» filing status on Tax Form 1040EZ, the following must be true as of the last day of the applicable tax year (e.g., December 31, 2008 for a 2008 tax return):

To make this election, the child must be under 19 years of age during the applicable tax year or under 24 if a full - time student.

The maximum standard deduction available to children is the same deduction available to all taxpayers for the applicable tax year.

Not exact matches

If the holder of an applicable partnership interest is allocated gain from the sale of property held for less than three years, that gain is treated as short - term capital gain and is taxed as ordinary income.

Under applicable tax rules, an employee may purchase no more than $ 25,000 worth of shares of common stock, valued at the start of the purchase period, under the ESPP in any calendar year.

According to the Department of Finance, some of the improvement to date reflects lower refunds applicable to prior - year taxes paid, which would not be expected to continue over the balance of the year.

In the event of an ownership change, utilization of our pre-change NOLs would be subject to annual limitation under Section 382 determined by multiplying the value of our stock at the time of the ownership change by the applicable long - term tax - exempt rate, increased in the five - year period following such ownership change by «recognized built - in gains» under certain circumstances.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

Signed, completed tax returns for the past two years, including personal, partnership, and corporate, if applicable, including all schedules.

That means they can help «Obamacare - proof» your interest from the 3.8 percent Affordable Care Act (ACA) tax on investment income (applicable to those who make more than $ 200,000 in taxable income per year).

It treats as short - term capital gain taxed at ordinary income rates the amount of a taxpayer's net long - term capital gain with respect to an applicable partnership interest if the partnership interest has been held for less than three years.

If you're self - employed, you'll provide information such as your federal tax returns from the past two years, and, if applicable, a current profit and loss statement showing year - to - date revenue and expenses.

• Complimentary Holman Ranch «welcome» gift bag includes a keep sake wine key and a bottle of house - pressed estate olive oil • Two free tickets to Holman Ranch's annual Wine Gala • Shipments will be comprised of 2 bottles of red and white varietals • 2 shipments per year of our new releases and other exceptional bottlings (duplicates may occur throughout the year) • Free shipping on regular club shipments $ 150 per year, plus sales tax where applicable, 1 year minimum membership Pinot Club For those wine drinkers in love with this complex and fickle grape, we present our Pinot Club.

• Free «anniversary» night stay in the cozy guest rooms followed by a private vineyard picnic lunch • Annual shipment includes a special gift basket including wine, olive oil and other goodies to arrive at your door on your anniversary month • Discount on future event bookings • Access to bulk purchase discounts for your upcoming special events • Free shipping on regular club shipments • Two free tickets to Holman Ranch's annual Wine Gala • Complimentary Holman Ranch «welcome» gift bag includes a keep sake wine key and a bottle of house - pressed estate olive oil $ 100 per year, plus sales tax where applicable, 1 year minimum membership Vineyard & Winery Background: Located at the north eastern tip of the Carmel Valley Appellation, the family - owned Holman Ranch resides approximately 12 miles inland from the Pacific Coast.

While Nissan has yet to release full pricing, the EV will start at $ 30,875, including an $ 825 destination fee, before any applicable tax credits when it arrives in dealers in all 50 states early next year.

* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding loadings for modal premiums, if any, and applicable taxes.

Dear Dheer, If the new property is sold within a period of three years, the earlier LTCG exemption claimed with respect to the old property shall be revoked and the capital gain on old property becomes taxable at the income tax slab rate that is applicable to the individual.

If it is sold before 3 years, Short Term Capital Gains are included in your taxable income and taxed at applicable income tax slab rates.

Two years federal tax returns, including tax applicable schedules if you are self - employed, have rental income, farm income or additional non-W2 reported income.

Anyway, my point is, in all the letters on this topic there is not 1TOTALLY CLEAR CUT reason (or excuse) to cash in retirement assets, pay the 10 % penalty (under 59 1/2 years old), the federal and state tax, pay broker fees if applicable AND LOSE the long term growth potential for the funds for 10... 20... 30 years!!!

As long as you do not plan to use your money until retirement, the RSP is ideal for shifting income from your top earning years when the highest taxes would apply, to your retirement, when income tax is reduced or no longer applicable.

You are also requested to suggest me whether it is beneficial that we shift to MCLR basis loan (SBI is charging 0.50 % + applicable Service Tax of the outstanding for switch over) My loan was approved for 19 Years and I have done some prepayment also without any charges.

Enter the tax year and select the applicable adjusted gross income range for that year.

To make sure you avoid a future surprise tax bill, be sure to pay the right amount of state (where applicable) and federal tax throughout the year.

The income of self - employed borrowers is verified by obtaining copies of personal (and business, if applicable) federal tax returns for the most recent two - year period.

Tax deducted at source (TDS) will be applicable if interest from this instrument earned is more than Rs 5,000 in a financial year.

Anyone who is a citizen of the United States, even if they have never lived in the US, must file a federal income tax return for any year in which their gross income from worldwide sources is equal to or greater than the applicable exemption amount and standard deduction.

For the standard deduction amount, please refer to the instructions of the applicable Arizona form and tax year.

For personal exemption amounts, please refer to the instructions and tax year of the applicable Arizona form.

Issuing Company: ETF Securities Ltd Ticker: PPLT Expense Ratio: 0.60 % Tax Treatment: From the prospectus, «Under current law, gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are taxed at a maximum federal income tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.&raqTax Treatment: From the prospectus, «Under current law, gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are taxed at a maximum federal income tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.&raqtax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.»

In order to avail tax benefit the investors will have to accept 3 years of lock in period as applicable for other schemes.

In DEBT mutual funds, if I redeem or switch the MF BEFORE 3 years, the tax on the gains will be applicable as per my tax bracket?

Dear Vijay, The holding period considered for LTCG on tradable bonds including tax free bonds & NCDs is still 1 year and the applicable LTCG tax rate is flat 10 %.

Tax return details for the student and the student's parents (if applicable) for the previous year

Distributions of earnings from nonqualifying dividends, interest income, other types of ordinary income, and short - term capital gains (i.e., on shares held for less than one year) will be taxed at the ordinary income tax rate applicable to the taxpayer.

The table below contains the current tax rates applicable on VCA withdrawals where the amount withdrawn falls within the respective withdrawal values and the contributions are less than 5 years old:

The Examples assume: (1) you invest $ 10,000 in the noted class of Units in the noted Investment Portfolio for the time periods indicated; (2) your investment has a 5 % return each year; (3) the Investment Portfolio's operating expenses remain the same (including the operating expenses of the Underlying Fund (s)-RRB-; (4) all Units redeemed, if any as noted, are used to pay Qualified Higher Education Expenses (the table does not consider the impact of any potential state or federal taxes on the redemption); (5) you pay the applicable maximum Initial Sales Charge on Class A Units and any CDSC applicable to Units invested for the applicable periods in Class C Units; and (6) for the Class C Units Example, the Class C Units converted to Class A Units at the end of sixth year and were thereafter subject to the costs associated with Class A Units.

All financial institutions are required by the CRA to charge applicable withholding taxes on lump sum retirement withdrawals in the same year, unless you're transferring the money to an RRIF or an annuity, or taking advantage of the Home Buyer's Plan or The Lifelong Learning Plan.

If you intend to deposit rewards in an eligible account, it is your responsibility to ensure that the account is one for which contributions on your behalf can be accepted and that, under applicable tax law or program policy, you are eligible to make contributions to that account for the year that the deposit is made.

Tax deferral under IRC section 1031 does not include any recapture of tax credits (e.g., low - income housing or rehabilitation credits) that may be applicable if the property being exchanged has not been held for the requisite holding period (15 years for the low - income housing crediTax deferral under IRC section 1031 does not include any recapture of tax credits (e.g., low - income housing or rehabilitation credits) that may be applicable if the property being exchanged has not been held for the requisite holding period (15 years for the low - income housing creditax credits (e.g., low - income housing or rehabilitation credits) that may be applicable if the property being exchanged has not been held for the requisite holding period (15 years for the low - income housing credit).

1 In tax years beginning in 2013 and later, a 3.8 percent Net Investment Income Tax (NIIT) applies to individuals, estates and trusts that have net investment income above applicable threshold amountax years beginning in 2013 and later, a 3.8 percent Net Investment Income Tax (NIIT) applies to individuals, estates and trusts that have net investment income above applicable threshold amounTax (NIIT) applies to individuals, estates and trusts that have net investment income above applicable threshold amounts.

Most recent two (2) years of business federal income tax returns with ALL schedules for each applicant, if applicable

A. ForpurposeReal EstateLong - term Capital gain would be only if you holdproperty for more than three yearsthen it is subjected to tax @ 20 In case you sellproperty «less than three years time then it would become short - term Capital Gainthe same is required to be taxed atprevailing tax schedulethe rate applicable toassessee dependinghis other incomes

Just keep in mind that if you withdraw your equity investment within a year, you are liable to pay short - term capital gains tax, along with applicable exit load charges.

You'll see this or similar language in the prospectus of many metals ETFs: Under current law, gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are taxed at a maximum federal income tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.

The Earned Income Credit is only available if your adjusted gross income, or AGI, is less than the applicable maximum for the tax year.

Short term Capital Gain Tax of 15.45 % on profit is applicable if stocks are sold within a year of purchase.

The Funds» federal and state income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired (the current year and the prior year) are subject to examination by the Internal Revenue Service and state departments of revenue.