Sentences with phrase «excess over the threshold»
And if they do, it is only the excess over the threshold that is deductible.
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If Superdate offers securities in the United States through Regulation D, Rule 506 (c) in the future, the offer and sale of such securities will only be made to «Accredited Investors,» which is generally defined for natural persons as persons having a net worth of over $ 1 million (exclusive of the value of their primary residence) or gross income in excess of $ 200,000 individually or $ 300,000 jointly with a spouse in each of the last two years with the same expectation to match or exceed such thresholds in the current year
[13] At this income level, David and Valerie's itemized deductions are reduced by 3 % of the excess of their AGI ($ 450,000) over the 2018 phaseout threshold of $ 320,000, or by $ 3,900.