Sentences with phrase «deduction value of the loss»

That's because if you hold them in an RRSP and they drop, you not only lose money, but you also lose the tax - deduction value of a loss in your RRSP.

If you lose money in a TFSA, you lose both the money and the tax - deduction value of the loss.

Not exact matches

The real estate industry is already in the midst of an aggressive battle against the loss of the state and local property tax deduction that they argue could harm home values.

We may make a deduction from the reimbursement for loss in value of any Goods supplied, if the loss is the result of unnecessary handling by you (ie handling the Goods beyond what is necessary to establish the nature, characteristics and functioning of the Goods: e.g it goes beyond the sort of handling that might be reasonably allowed in a shop).

This bill threatens federal aid for needy students by exploding the budget deficit, puts pressure on municipalities via decreased home values and loss of property tax deductions, and puts pressure on states via loss of income tax deductions.

AC: Yes, you can take your IRA out if it's gone down in value, and that loss shows up as a miscellaneous itemized deduction, which is — first of all, you have to be over 2 % of your income, just to claim anything.

Market value settlement — In the event of a total loss or theft, we pay the market value (actual cash value), which includes a deduction for depreciation.

If you don't sell the replacement stock in the same year, your loss will be postponed, possibly to a year when the deduction is of far less value.

A deduction to reflect the gradual loss of value of business property as it wears out.

Recovery for damage or loss to personal property will be adjusted on the value of the replacement cost for each item, with no deduction for depreciation, provided the damaged property is replaced.

Market value settlement — In the event of a total loss or theft, we pay the market value (actual cash value), which includes a deduction for depreciation.

Agreed Amount Value policies also replace old items for new in the event of a partial loss, without any deduction for depreciation.

But, the problem with this type of Oakland renters insurance is that it only pays the estimated value of the item (s) at the time of their loss / damage, minus a deduction for depreciation.

Alternately, with RCV policies, you pay more for the premium, but at the time of loss, your reimbursement is for the actual value of the items with no deduction for depreciation.

On the other hand, if you buy a replacement cost value (RCV) policy, you pay more in premiums each month, but when you experience a loss, the insurer pays out the full price of the item with no deduction at all for depreciation.

With the ACV method, the insurer calculates reimbursement on the basis of the actual cost value of the item (s) at the time of the loss with a deduction for depreciation.

By lowering the corporate tax rate, it has also lowered the value of an asset sitting on the balance sheets of Fannie and Freddie: A so - called deferred tax asset, which reflects their ability to take past losses as a deduction against future profits.