Sentences with phrase «claim the credit on»

The Child and Dependent Care Credit has specific restrictions, so it's recommended that you seek the advice of a tax professional before claiming this credit on your income tax return.
The Working Family Household and Dependent Care Credit allows low - income and moderate - income families to claim a credit on qualifying child care expenses.
Hon.Adwoa Safo was among the minority MPs who vehemently opposed the acquisition of the world bank loan for the construction of the school she was claiming credit on the video.
In the late 1980s, as hate crimes legislation was first discussed seriously in Albany, Republicans hoped to claim credit on an issue popular among constituencies including the African - American and Jewish communities.
Currently, city taxpayers claim the credit on their New York City income tax forms, and the state reimburses the city for the lost revenue.
Only then can a developer claim the credits on his state tax returns.
If you have not owned a home in the three years prior to the date of closing on a mortgage loan you may be able to claim the credit on your 2009 tax return.
Sign a binding contract to buy a principal residence on or before April 30th, 2010, then close by June 30th and you can claim the credit on your 2009 or your 2010 tax return.
Because of income limitations, you may not be eligible to claim these credits on your own return.
For these taxpayers who are claiming the credit on their 2008 tax returns, the maximum credit remains 10 percent of the purchase price, up to $ 7,500, or $ 3,750 for married individuals filing separately.
If you are unsure of whether or not you qualify for a tax credit, it's recommended that you check with a tax professional before claiming the credit on your income tax return.
That gives you the flexibility of claiming the credit on your return, filing early and using your refund to open the account.
If your income is too high to claim the American Opportunity or Lifetime Learning credit and your student has taxable income of his or her own, you can elect to forego the dependency exemption ($ 4,050 for 2017), and let the student claim the credit on his or her own tax return.
Claim the credit on Form 5695.
eFile Tax Tip: Use our FREE «EICucator» earned income tax credit tax tool to find out whether or not you qualify to claim the credit on your Tax Return.
If you apply for health insurance in the Marketplace and you qualify for the credit, you will need to claim the credit on your tax return, regardless of whether or not you are required to file a return.
The Child and Dependent Care Credit has specific restrictions, so it's recommended that you seek the advice of a tax professional before claiming this credit on your income tax return.
Both the punditry and astrology strategies involve spouting as many explanations and predictions as possible in the media time alloted, building a reputation as «expert» by claiming credit on those few occasions when the call comes close to being «right».
While the credit is typically handled by employers through automated withholding calculations, if you're self employed you can still claim the credit on your 2010 tax return, or reduce each of your 2010 quarterly estimated payments by $ 100.

Not exact matches

While that number is lower than Trump's estimation, it's also important to note that Trump's term did not begin until noon on Jan. 20, which means he can't accurately claim credit for all 216,000 jobs created in January.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Taxpayers will still be able to claim credit for any transit passes purchased from January 1 to June 30 on their 2017 tax return, said Elgar.
Giving the UN credit for the fall in global poverty is a bit like an NHL goal judge claiming he won the Stanley Cup because he turned on the red light when the winning goal was scored.
But tapping a pending legal claim for cash can be vastly more expensive than taking on credit card debt.
The First - Time Donor's Super Credit will increase the value of the existing tax credit by 25 % on cash donations of up to $ 1,000 if neither the taxpayer nor their spouse has claimed the credit sinceCredit will increase the value of the existing tax credit by 25 % on cash donations of up to $ 1,000 if neither the taxpayer nor their spouse has claimed the credit sincecredit by 25 % on cash donations of up to $ 1,000 if neither the taxpayer nor their spouse has claimed the credit sincecredit since 2007.
With April 18 nearly upon us, make sure you're up to speed on any credits you may be able to claim, as that could make a serious dent in your tax burden or even result in the IRS writing you a nice check.
If you want to really get into the nitty - gritty of it, there are certain instances in which you can claim a Child and Dependent Care Credit on your federal tax return — but those instances come with a host of restrictions, and the amount of money you can claim is capped.
Fred Upton, a Republican congressman from Michigan and chairman of the Energy and Commerce Committee, put his finger on the larger issue facing governments worldwide at a recent hearing: «Was Solyndra just one bad bet by an administration rushing to claim credit for the first loan guarantee, or is it the tip of the iceberg?»
Other measures include: • remove rule limiting Child Tax Credit (CTC) to one claimant per household (to allow two or more families sharing a house to claim the CTC); • repeal $ 10,000 cap on medical expense tax credit claims made on medical costs incurred for an eligible dependent; • easier access to funds in Registered Disability Savings Plans for beneficiaries with shortened life spans; • improved Employment Insurance benefits to parents of gravely ill, murdered, or missing children; and • enhanced ability to make transfers between individual RESPs, and better access to RESP funds for post-secondary students studying outside CCredit (CTC) to one claimant per household (to allow two or more families sharing a house to claim the CTC); • repeal $ 10,000 cap on medical expense tax credit claims made on medical costs incurred for an eligible dependent; • easier access to funds in Registered Disability Savings Plans for beneficiaries with shortened life spans; • improved Employment Insurance benefits to parents of gravely ill, murdered, or missing children; and • enhanced ability to make transfers between individual RESPs, and better access to RESP funds for post-secondary students studying outside Ccredit claims made on medical costs incurred for an eligible dependent; • easier access to funds in Registered Disability Savings Plans for beneficiaries with shortened life spans; • improved Employment Insurance benefits to parents of gravely ill, murdered, or missing children; and • enhanced ability to make transfers between individual RESPs, and better access to RESP funds for post-secondary students studying outside Canada.
Family Caregiver Tax Credit Caregivers of infirm dependants (including spouses, common - law partners and minor children) will be able to claim a 15 per cent non-refundable tax on $ 2,000 (indexed for inflation) if receiving a dependency - related credit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver CCredit Caregivers of infirm dependants (including spouses, common - law partners and minor children) will be able to claim a 15 per cent non-refundable tax on $ 2,000 (indexed for inflation) if receiving a dependency - related credit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver Ccredit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver CCredit, Infirm Dependant Credit, or the Caregiver CCredit, or the Caregiver CreditCredit.
Children's Arts Tax Credit Parents can claim a 15 % non-refundable credit of up to $ 500 on artistic, cultural, recreational, and developmental activities in which children under the age of 16 are enrCredit Parents can claim a 15 % non-refundable credit of up to $ 500 on artistic, cultural, recreational, and developmental activities in which children under the age of 16 are enrcredit of up to $ 500 on artistic, cultural, recreational, and developmental activities in which children under the age of 16 are enrolled.
Silicon Valley business leaders can not claim credit for initiating the proposed #Calexit move trending on social media.
Corporations will claim $ 10.3 billion in research credits next year, according to the Journal, which cites the Joint Committee on Taxation.
My point is that if you like a credit, and by that I mean a cash - paying entity, you can change where in the income statement you own a claim on the cash flow.
To qualify for this guarantee: (i) you must have filed your original 2017 federal income tax return through Credit Karma Tax on or before April 16, 2018; (ii) you must be entitled to a federal tax refund from the IRS; (iii) you must have filed an amended federal income tax return using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to law.
(Sec. 13403) This section allows employers to claim a general business credit equal to 12.5 % of wages paid to employees during any period in which such employees are on family and medical leave if the rate of payment under the program is 50 % of the wages normally paid to an employee.
If you're claiming it as an Input Tax Credit, deduct it from your claimed expense on your income tax form.
«When you claim the GST / HST you paid on your business expenses as an input tax credit, reduce the amounts of the business expenses you show on Form T2125, Statement of Business or Professional Activities, by the amount of the input tax credit.
There are two education - related tax credits you might be able to claim on your return:
Nebraska Personal Exemption Credit — equal to $ 132 per exemption claimed on tax return (non-refundable)
If you default on a FFEL (federally guaranteed loan), your credit report will indicate that a claim has been paid on the account.
Due to the large number of these provisions, it's probably a good idea to hold off on filing your return if it includes any item that would have qualified for a deduction or credit that expired at the end of 2016, until you can determine whether that item was extended — and whether the IRS is ready to accept a return claiming that tax benefit.
We recognize a liability with a reduction to revenue for rebates or other incentives based on the estimated amount of rebates or credits that will be claimed by customers.
If you see an incorrect item on your credit report and wish to dispute it, you can write to Experian and provide supporting documents to corroborate your claims.
If an error on your credit report goes unchecked, lenders and creditors may deny you a claim as a result.
The Company recognizes a liability and reduces revenue for rebates or other incentives based on the estimated amount of rebates or credits that will be claimed by customers.
(This financial model was feasible in part thanks to a 30 % federal solar tax credit, which SolarCity could claim on the value of each installation.)
Students claiming the credit can create a very misleading perception of the income distribution, since young people make (and spend) less and get income from sources not often reported on tax returns, like gifts.
On Form 1040A, you can claim most of the credits that are available on Form 104On Form 1040A, you can claim most of the credits that are available on Form 104on Form 1040.
The well documented disappearance of bullion from Western vaults may mean that credit required for transactions in synthetic gold — i.e., some sort of claim on underlying physical gold — will become increasingly difficult to obtain.
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