Sentences with phrase «federal tax credits associated»

The downside is that some home shoppers are shy about purchasing a home with a leased solar system on it and the homeowner is not entitled to the federal tax credits associated with the solar system.

Not exact matches

The cost of the credits to the federal government makes them controversial, however, says Joseph Rosenberg, senior research associate at the Tax Policy Center, a non-partisan tax group run by the Urban Institute and BrookinTax Policy Center, a non-partisan tax group run by the Urban Institute and Brookintax group run by the Urban Institute and Brookings.

Taxpayers in the highest tax brackets are also ineligible for any of the tax credits and deductions associated with higher education expenses — as well as for the generous tax advantages that lower income taxpayers receive from contributing to traditional and Roth IRAs — because of the income caps set by the federal government.

If either or both of you receive advance payments of the premium tax credit for health insurance purchased through a federal or state Marketplace, you should report your marriage (as well as any associated changes, such as a move to a different state, change in income, or change in family size) to the Marketplace.

If you obtained your financing through VHFA programs or obtained a Mortgage Credit Certificate (MCC) from VHFA, you may be subject to the Federal Recapture Tax should you sell, refinance, or otherwise transfer the original financing associated with your MCC.