Sentences with phrase «eligible individual taxpayers»

For 2017 the full credit is available to eligible individual taxpayers who make $ 56,000 or less, or married couples filing jointly who make $ 112,000 or less.

Not exact matches

This can include itemized deductions which are eligible expenses that an individual taxpayer may report on their Federal income tax return.

The AMT mainly affects higher income taxpayers — individuals and businesses that are eligible for tax benefits that dramatically decrease their tax due.

Republican leaders did not speak, though some individual GOP members said they voted no because taxpayers should not finance college aid for the children of undocumented immigrants, and that they are already eligible for lower in - state rates at public universities.

We can even achieve N10tn to N15tn tax revenue in this country if every eligible taxpayer (both individual and corporate) pay their due and proper tax obligation.

CER scores each state for the types of taxpayers eligible to contribute (i.e. — corporations and individuals) and deducts points for credit values below 100 percent and for maximum donation sizes below $ 100,000 for corporations or $ 2,000 for individuals.

Where possible, both individual and corporate taxpayers should be eligible to receive tax credits for their contributions to the ESA - granting organizations.

Eligible taxpayers can include both individuals and businesses.

If you're not eligible for a Social Security number, you can use the individual taxpayer identification number for tax purposes.

If you do not have an SSN and are not eligible to get one, you can get an individual taxpayer identification number (ITIN).

Michigan taxpayers may also be eligible for a Michigan income tax deduction on contributions made to MESP up to $ 10,000 for married couples filing jointly or $ 5,000 for individuals filing single per year.

This article only mentions a few of the more commonly overlooked deductions and tax benefits related to insurance for which business and individual taxpayers are eligible.

Individual taxpayers with annual incomes up to $ 129,000 are eligible to participate in the myRA program; taxpayers filing as married or head of household can have annual incomes up to $ 191,000.

If your spouse isn't eligible, he or she will have to apply for an individual taxpayer identification number (ITIN) by filing Form W - 7.

Michigan taxpayers may also be eligible for a Michigan income tax deduction on contributions made to the MI 529 Advisor Plan up to $ 10,000 for married couples filing jointly or $ 5,000 for individuals filing single per year.

Both the amounts are eligible for a tax deduction if the amount does not exceed 10 % of the individual taxpayer's salary.

Under section 80, an individual taxpayer is eligible for tax deductions up to Rs. 1,50,000.