Sentences with phrase «as income»

The government will recoup its cost by holding any funds that you may be eligible to receive such as income tax refunds.

You can claim 50 % of what you pay in self - employment tax as an income tax deduction.

Also consider educational costs for your children, as well as income replacement for your spouse and family after your death.

As noted earlier, any income from royalties or book / ebook sales needs to be reported as income for tax purposes and may be subject to sales taxes, too.

Nor does it include income generated outside the normal activities of the company, such as income on investments or foreign currency gains, or sale of a land bank etc..

This is a set rate, unlike personal rates, which increase as your income increases.

The most important first step is to look realistically at factors such as income replacement, debts and other financial obligations.

A withdrawal is not reported as income as long as it is tax - free at the federal tax level.

Also, forgiveness of federal student loan debt is taxable as income in the year outstanding loan balances are canceled.

Also, forgiveness of federal student loan debt is taxable as income in the year outstanding loan balances are canceled.

This unpaid portion of the mortgage balance is treated as income from a sale and thus, taxable.

The future tax brackets at the time of your retirement as well as your income from retirement accounts and other sources will determine the amount of taxes you will pay on withdrawals.

Benefits obtained through a permanent life insurance are a combination of death benefit coverage and accumulated cash value which can be used as an income stream in retirement.

So, the spouse's income does matter in a bankruptcy but not as much as the income of the bankrupt.

High fixed costs are great when revenues are rising as income grows at a faster rate than sales.

Student loans or financial aid count as income when applying for food stamps to the extent already noted.

If your premiums are paid with after - tax money, that money will be included as income on your W - 2.

An older investor may prefer just the opposite, reasoning that he wants more income right now, and he doesn't demand extreme growth so long as his income grows faster than inflation.

However, note that the percentage of debt as income increases is lower.

Before considering the payments as income on your loan application, a lender may ask to see a legal separation agreement, court order or final divorce decree.

I did not want the money to be counted as income at the end of the year.

If you receive the benefit as an income stream, different rates of tax apply.

To determine a proper amount of coverage, most insurers supply underwriters with what's known as an income replacement table.

Listed infrastructure equities provide a liquid way to seek both medium term capital appreciation as well as income streams in the long term.

With traditional IRAs, contributions may be tax - deductible — depending on factors such as income levels and whether you have a work - related retirement plan.

Any funds you receive over and above this amount are considered as income for tax purposes.

The icing on the cake is that she also failed to report this stolen amount as income on her taxes; that will place the defendant in additional legal trouble with the government.

If you are over the age of 50, still working and are unable to work due to illness or injury, your over 50's life insurance will not act as income protection.

Unlike many other scholarships, the education award is considered taxable as income by the federal government.

This can be particularly challenging for students, as grants, loans, and / or scholarships typically do not count as income sources.

You have a significant change in your financial circumstances, such as your income going up or down.

Long - term disability insurance can serve as income replacement in the event that you can no longer work due to an injury or medical condition.

Personal super contributions you claim as an income tax deduction on your tax return if you meet certain eligibility criteria.

It is this dividend payout ratio that will determine the total dividends that a company will declare as income to be distributed to its shareholders.

With 150 +, income is driven by a unique value within the contract that is separate from the contract value, known as the Income Base.

It seems that regardless of how well the typical American household does, as far as income goes, happiness fails to keep up.

Finally, the tax code has a framework for when you treat income as income for your taxes.

If so, you may be entitled to welfare benefits such as income support or disability living allowance.

Auto finances companies do not count student loans as income on car loan applications.

A life insurance trust is not necessary if you are purchasing life insurance as income replacement for your spouse.

Today's investors are searching for financial advice and investment options, such as income property, that will generate the confidence that they crave.

Long - term disability insurance works as income protection: it keeps money coming in when someone can't work.

Also, your monthly payments will change as your income changes.

Lenders typically won't count rents as income until they have been producing rent for a specified time (it's been 2 years around here).

Payments are gradually increased over a period of years as your income rises.

The first and most significant was to cut in half the proportion of people living in extreme poverty globally — defined as an income below US$ 1 per day.

As the incoming president of this wonderful institution, I consider it a great privilege to have an opportunity to guide these efforts.

The tax rate on the CD interest earned will be the same as your income tax bracket.