Sentences with phrase «deductible contribution used»

A percentage of every nomination fee, seal licensing fee, and gala ticket is a tax deductible contribution used to help tell the broader story of innovation, advance the values and principles of Thomas A. Edison and other accomplished innovators, to fund programs and conferences dedicated to innovation and education, and to fund the development of new innovation curricula.

Not exact matches

Your HSA contributions are tax - deductible, they grow tax - free and withdrawals avoid taxes if used for qualified health expenses, such as doctor's visits, prescription drugs and dental care.

As a member, your tax - deductible contribution will be used to restore historic areas of the park (like the five murals inside of the casino), improve the signs inside of the park, enhance park usability, and improve access to some of the lesser - known features of Western New York's natural wonder.

Families can now use 529 plans to pay for K - 12 schooling, making contributions tax deductible in states which offer that tax break.

You can use this chart to see whether you are eligible to make a tax - deductible contribution, and how much your contribution limit is.

The portion of your employer's contribution to the medical plan that will be used for your partner will not be tax deductible.

This means if one makes a large charitable contribution but doesn't have income of at least double that amount, they can use their spouse's income in determining their deductible amount — meaning they save current taxes instead of having the contribution carried over to the next year.

Contributions that a charitable entity can not use are not tax deductible.

This means you may have to pay tax on the Roth conversion when using the backdoor method, even if the account you're converting has never had any deductible contributions or investment earnings.

Contributions to the accounts are tax deductible and may be used to pay for qualified medical expenses without triggering taxable income.

Each subscriber can then use up to $ 50,000 of the RESP's earnings to make a tax - deductible RRSP contribution, if the RRSP has contribution room available.

Your contributions are tax - deductible or pretax (and you may get an employer match), and the money can be used tax - free for medical expenses in any year.

The total amount of eligible deductible fees and expenses could not be used to reduce income like charitable contributions or mortgage interest.

Deductible RRSP contributions can be used as a means to reduce your taxes.

These allow you to make tax - deductible contributions, grow your money tax - free, and pay no tax on withdrawals as long as they are used for qualifying medical expenses.

Contributions aren't tax - deductible but distributions used to pay for qualified educational costs are generally not subject to tax.

Generally, contributions up to a certain amount are deductible on your state taxes, and are exempt from Federal and State taxes when used for qualifying education expenses.

Contributions to RRSPs are deductible, meaning they can be used to reduce your taxes.

To make up for the higher deductibles you are then allowed to set aside tax free contributions into a separate savings account that you control which can be used for qualified medical costs.

Eligible individuals can make tax deductible contributions to their HSA, and funds can be withdrawn tax - free when used for qualified medical expenses.

To determine the exact amount of a deductible contribution, use the IRA Selector or view IRA Contribution Limits and Deadlines tocontribution, use the IRA Selector or view IRA Contribution Limits and Deadlines toContribution Limits and Deadlines to learn more.

If you're enrolled in a qualified high - deductible health insurance plan, you can make pre-tax contributions to a health savings account and use the money (and any earnings) tax - free for qualified healthcare expenses.

Similar to Health Savings Accounts, contributions would be tax - deductible (up to a $ 2,000 / year limit from all sources), and growth would be tax - free (with no «use - it - or - lose - it» requirements).

The «contribution» is tax deductible and can be made during your lifetime so you can use the tax benefit now.

You can rest easy when donating to SNSI, knowing that your contributions will be put to good use and are 100 % tax deductible.

Next, you use the money saved (now that you are not paying a higher monthly premium for a low deductible insurance plan) to make deductible contributions to an HSA (subject to deduction limitations).

Donations to Planned Parenthood Advocates of Arizona are not deductible for federal tax purposes as a charitable contribution or business expense, and may be used for political purposes, such as supporting or opposing candidates.