Sentences with phrase «federal income tax purposes»

You will pay essentially zero percent on the gains for federal income tax purposes as long as that is your taxable income based upon your tax return.

Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes.

The Trust is classified as a «grantor trust» for US federal income tax purposes.

GLPI elected to be taxed as a real estate investment trust («REIT») for United States federal income tax purposes commencing with the 2014 taxable year.

Interest earned on EE bonds with January 1, 1990, and later issue dates may qualify for exclusion from income for Federal income tax purposes if the owner pays his or her tuition and required fees or those of his or her spouse or legally dependent children at colleges, universities, and qualified technical schools during the year eligible bonds are redeemed.

For those programs that have attained IRS 501 (C0 (3) satus, your contribution may be deductible for federal income tax purposes as a charitable contribution.

Section 162 (m) of the Internal Revenue Code imposes limitations on the deductibility for corporate federal income tax purposes of remuneration in excess of $ 1 million paid to the chief executive officer, chief financial officer and each of the three next most highly compensated executive officers of a public company.

The change in the current tax law regarding MLPs could result in the MLP being treated as a corporation for federal income tax purposes which would reduce the amount of cash flows distributed by the MLP.

Since you will have access to ten percent of the DNA sample for your own purposes, ninety percent of the $ 10.00 processing and storage fee, your veterinarian and shipping charges should be deductible for Federal Income Tax purposes as a charitable donation to the ESSFTA Foundation.

Thrift Savings Plan payments are taxable as ordinary income for Federal income tax purposes for the year in which they are disbursed.

You were married in a state that recognizes same - sex marriage, you are considered «married» for Federal income tax purposes.

Our post-offering organizational structure will allow the Continuing LLC Owners to retain their equity ownership in Desert Newco, an entity that is classified as a partnership for U.S. federal income tax purposes, in the form of LLC Units.

They are for federal income tax purposes.

The transaction, which has been unanimously approved by the Boards of Directors of Citrix and LogMeIn, is expected to be tax - free to Citrix and its shareholders for U.S. federal income tax purposes.

as a transaction that is generally tax - free, for U.S. federal income tax purposes, under Sections 355 and 368 (a)(1)(D) of the Code.

If we pay distributions on our common stock, those distributions generally will constitute dividends for U.S. federal income tax purposes to the extent paid from our current or accumulated earnings and profits, as determined under U.S. federal income tax principles.

SCH was treated as a partnership for U.S. federal income tax purposes, and as such, was not subject to any U.S. federal entity - level income taxes.

Although elective deferrals are not treated as current income for federal income tax purposes, they are included as wages subject to Social Security (FICA), Medicare, and federal unemployment taxes (FUTA).