Sentences with phrase «combined agi»

So if a couple has a combined AGI of $ 8,000, the total allowable IRA contribution is $ 8,000.

You also need to file a joint return and have a combined AGI of less than $ 198,000.

If you select RePAYE as your repayment plan, it always uses your combined AGI regardless of filing status.

Consider medical expenses: You can only deduct medical expenses that are over 7.5 % of your adjusted gross income, so you can deduct more of your expenses if you do not combine your AGI with that of your spouse.

Not exact matches

Combined income generally consists of your adjusted gross income (AGI), nontaxable interest, and one - half of your Social Security benefits.

Combined income is your AGI, plus interest from municipal bonds and half of your Social Security benefit.

The only provision is that, if you're married and your spouse is eligible for an employer's plan, your combined adjusted gross income (AGI) determines whether or not you can deduct.

Under RePAYE, it doesn't matter your filing status, it always considers your combined income (AGI).

In other words, will his payment be $ 779 until I graduate and begin paying my own loans, and then after I consolidate, our combined loan payments won't exceed the $ 779 a month (given our AGI stays the same)?

The combined amount of investment advisory fees and expenses, plus any other miscellaneous deductions, had to exceed 2 % of adjusted gross income (AGI) before they could be deducted from income.

AGI is made up of your total combined income from job earnings, self - employment, alimony income, and interest from bank accounts — minus specific reductions or adjustments.