Sentences with phrase «for the alternative minimum»

A participant who is granted an ISO does not recognize taxable income at the time the ISO is granted or upon its exercise, but the excess of the aggregate fair market value of the shares acquired on the exercise date (ISO shares) over the aggregate exercise price paid by the participant is included in the participant's income for alternative minimum tax purposes.

Also, the higher thresholds for the Alternative Minimum Tax («AMT») mean that many taxpayers who had to add back deductions for state and local taxes to determine their tax due may not have to pay the AMT, but the new law «caps» those deductions so the end result may be a small change for those taxpayers.

If such a sale or disposition takes place in the year in which the participant exercises the option, the income recognized upon the sale or disposition of the shares will not be considered income for alternative minimum tax purposes.

It does not discuss all aspects of U.S. federal income taxation that may be relevant to particular holders in light of their particular circumstances or to holders subject to special rules under the Code (including, but not limited to, insurance companies, tax - exempt organizations, financial institutions, broker - dealers, partners in partnerships (or entities or arrangements treated as partnerships for U.S. federal income tax purposes) that hold HP Co. common stock, pass - through entities (or investors therein), traders in securities who elect to apply a mark - to - market method of accounting, stockholders who hold HP Co. common stock as part of a «hedge,» «straddle,» «conversion,» «synthetic security,» «integrated investment» or «constructive sale transaction,» individuals who receive HP Co. or Hewlett Packard Enterprise common stock upon the exercise of employee stock options or otherwise as compensation, holders who are liable for the alternative minimum tax or any holders who actually or constructively own 5 % or more of HP Co. common stock).

Interest on these is safe from ordinary tax, but it's taxable for the alternative minimum tax.

Long term capital gains and qualified dividends are taxed under the same preferential rates for the alternative minimum tax as they are for regular tax.

The opposite may be true when planning for the alternative minimum tax.

Also, miscellaneous itemized deductions are not allowable for alternative minimum tax purposes, so for a lot of people, it wouldn't even apply.

Form 1099 - INT also will also show any tax - exempt interest that's taxable for the Alternative Minimum Tax (AMT).

SAI does not actively manage for alternative minimum taxes; state or local taxes; foreign taxes on non-U.S. investments; or estate, gift, or generation - skipping transfer taxes.

The Act specifically raises the exemption and phase out levels for the Alternative Minimum Tax, which is typically levied on individuals earning income above a certain threshold.

For Alternative Minimum Tax (AMT) purposes, you can't deduct interest you paid on loan proceeds you didn't use to buy, build, or improve your home (Ex: the sailboat debt above).

The reason being that they represent an addback for alternative minimum tax (AMT) purposes.

If you've done your taxes and there's an amount in box 45 for Alternative Minimum Tax (AMT), then you should read this because it might help.

However, watch out for alternative minimum tax (AMT) since it will add back your prepayments for AMT purposes, which will negate the tax savings.»

It's also unclear what happens to the tax credits individuals could recover for the alternative minimum tax, Tim Steffen, director of advanced planning in Robert W. Baird & Co.'s private wealth management group, tells the publication.

In particular, some categories of investors, such as tax - exempt investors, persons liable for the alternative minimum tax, dealers and other investors that do not own their units as capital assets, may be subject to special rules not described herein.

ATRA Fix for Alternative Minimum Tax At long last, AMT has been permanently indexed for inflation.

For alternative minimum tax purposes, however, the spread is taxed in the year the option is exercised.

This same failure to index limits for the alternative minimum tax has caused a political furor that Congress has temporarily addressed with an adjustment.

Not exact matches

But be aware as to whether paying those taxes in 2017 will trigger the alternative minimum tax, or AMT, a separate system for the treatment of income and deductions.

The Senate further allows firms to accelerate alternative minimum tax or research credits instead of taking bonus depreciation, and includes film or videotape as property that qualifies for the depreciation.

For instance, a portion of the income you receive may be subject to the federal alternative minimum tax, even if that income is classified as tax free.

For example, both plans call for a complete repeal of the Alternative Minimum Tax, which affects many small business owneFor example, both plans call for a complete repeal of the Alternative Minimum Tax, which affects many small business ownefor a complete repeal of the Alternative Minimum Tax, which affects many small business owners.

That includes the increased child tax credit, the doubled standard deduction, the estate tax cut, repeal of the alternative minimum tax, and even the tax break for pass - through business income.

Abolishing the Alternative Minimum Tax, which increases taxes for certain affluent or upper - middle - class households.

Although most high - income taxpayers claim a SALT deduction, the federal individual alternative minimum tax (AMT) limits or eliminates the benefit for many of them.

Special rules may apply with respect to certain subsequent sales of the Shares in a disqualifying disposition, certain basis adjustments for purposes of computing the alternative minimum taxable income on a subsequent sale of the Shares and certain tax credits which may arise with respect to optionees subject to the alternative minimum tax.

The difference between the option exercise price and the fair market value of the Shares on the exercise date is treated as an adjustment in computing the optionee's alternative minimum taxable income and may be subject to an alternative minimum tax which is paid if such tax exceeds the regular tax for the year.

At the same time, we faced a progressive tax system where we had to pay a 39.6 % Federal tax rate plus a 3.8 % Net Investment Income tax plus a 0.9 % Medicare tax plus an Alternative Minimum tax plus a 13 % State tax plus Social Security tax plus Sales tax plus retroactive State taxes to pay for government overspending.

The alternative minimum tax for individuals, which limits tax breaks for wealthy taxpayers, is retained in more limited form.

The alternative minimum tax, which increases taxes for certain affluent or upper - middle - class households, is repealed.

For the tax - year 2008, Congress raised the alternative minimum tax exemption to the following levels: $ 69,950 for a married couple filing a joint return and qualifying widows and widowers, $ 34,975 for a married person filing separately, and $ 46,200 for singles and heads of househoFor the tax - year 2008, Congress raised the alternative minimum tax exemption to the following levels: $ 69,950 for a married couple filing a joint return and qualifying widows and widowers, $ 34,975 for a married person filing separately, and $ 46,200 for singles and heads of househofor a married couple filing a joint return and qualifying widows and widowers, $ 34,975 for a married person filing separately, and $ 46,200 for singles and heads of househofor a married person filing separately, and $ 46,200 for singles and heads of househofor singles and heads of household.

However, the amount by which the fair market value of the shares at the time of exercise exceeds the option price will be an «item of adjustment» for participant for purposes of the alternative minimum tax.

Upon exercise of an ISO, the spread between the fair market value of the shares received and the exercise price will be an item of adjustment for purposes of the alternative minimum tax, unless the participant disposes of the shares in the same tax year as the ISO is exercised.

Three ARRA provisions were extended through 2017, while permanent changes to the estate tax and the alternative minimum tax reduced the number of people affected and indexed those provisions for inflation.

debt obligations of the U.S. Government with maturities of 10 years or longer; coupon interest for Treasury bonds is exempt from state and local taxes, but is federally taxable; interest income may also be subject to alternative minimum tax

For new investors who may not have enough cash to buy into a good «starter» mutual fund that often have minimums of a few thousand dollars, ETFs might be a good alternative.

This fact is important because debt issued by New York, for a New York resident, is generally free from federal, state, local, and federal alternative minimum taxes.

Most alternative lenders require a minimum of one year in business, while banks will want you to have been in business for much longer.

The Alternative Minimum Tax (AMT) for individuals is maintained with a higher exemption level of $ 109,400 for married couples ($ 70,300 for individuals).

It would also repeal the estate tax and alternative minimum tax, adopt full expensing of business investment, move to a territorial tax system, and eliminate «tax expenditures that were enacted for the purpose of social engineering and corporate welfare.»

Faced with a long waiting list and a possible increase in minimum investment for the EB - 5, Chinese investors are now opening up to the attractive alternative of the L1 visa... Ler mais >

Private activity bond interest is reported on Line 12 of Form 6251 as an adjustment for calculating the alternative minimum tax.

Effective for taxable years beginning after December 31, 2017, the Act provides for a permanent reduction of the corporate tax rate from a top graduated rate of 35 percent to a flat rate of 21 percent, as well as a repeal of the corporate alternative minimum tax (AMT).

If you're self employed, have long - term capital gains or pay the alternative minimum tax or tax on the unearned income of dependents, your tax situation may be too complex for the calculator to estimate.

With great card that rewards you with $ 400 worth of free travel when you sign up and meet the minimum spend plus 2 points for very $ 1 spent on gas (or anything else) it is a great alternative to a dedicated gas rewards card.

The last two decades have witnessed a rebirth of interest in the virtues, an interest which, at a minimum, acts as a supplement to the familiar alternatives of deontology and utilitarianism, and, at a maximum, acts as a substitute for deontology and utilitarianism.1 1 will not be defending the maximal thesis in this article, as some in the virtue ethics «movement» have done (e.g., Alasdair MacIntyre and Philippa Foot2).

For those of us that choose not to spank and try to keep the yelling and barking of orders to a minimum, this gives a lot of material for alternative means of discipliFor those of us that choose not to spank and try to keep the yelling and barking of orders to a minimum, this gives a lot of material for alternative means of disciplifor alternative means of discipline.

The students who used the «study drug» were academically diverse: from high - achieving, AP and Honors students looking for a fast alternative to balance their schedules while maintaining a high GPA, to students struggling to keep a minimum GPA to play on a sports team.