Sentences with phrase «figured on the depreciation»

Taxes are first figured on the depreciation.

Not exact matches

To calculate income for a self - employed borrower, mortgage lenders will typically add the adjusted gross income as shown on the two most recent years» federal tax returns, then add certain claimed depreciation to that bottom - line figure.

To calculate income for a self - employed borrower, mortgage lenders will typically add the adjusted gross income as shown on the two most recent years» federal tax returns, then add certain claimed depreciation to that bottom - line figure.

However, a depreciation figure is still calculated and appears on balance sheets, which distorts the true health of the operation and may elicit concern from the non-initiated.

I'll suspect you have not included the amortisation and depreciation of your plant, the much shorter economic life than you are probably basing your figures on, and the much lower life - time capacity factor that you will get in practice.

Instead of getting the actual value based on depreciation, you will get a figure that is much closer to what you actually paid for your car and what you will need to buy a brand new one in a similar price range.

Depreciation is figured based on a federal schedule.