Sentences with phrase «from other sources of income»

Also keep in mind that a retroactive benefit you receive from other sources of income may create an overpayment in Disability Income benefits.

The father then argued that the judge should take those business losses and subtract them from his other sources of income to calculate his true gross income.

The «Rental Income Includes Form T776» [22] states people can deduce rental losses from other sources of income: «You have a rental loss if your rental expenses are more than your gross rental income.

These are funds put into your plan from some other source of income.

Not exact matches

In the tenth decile, investment income also accounts for 20 per cent of total income received and this is almost double the 11 per cent of income from this source in the 9th decile, the only other decile where investment income accounts for a double digit portion of total income.

The way it works is that, each year, the insurer deduct all expenses, such as death benefits paid and the costs of running the business, from the money they've made (premiums collected, investments, and any other sources of income) and pays out any net profit as a dividend.

To determine if your Social Security retirement benefits may be taxable, combine one half of your annual Social Security income with your income from all other sources.

Forbes reports nearly half of her 2015 earnings came from her video game, but her other past income sources range from paid appearances to her role on «Keeping Up With the Kardashians.»

Far more common, and often much more important for most types of businesses, interest expense on the income statement represents the cost of borrowing money from banks, bond investors, and other sources to meet short - term working capital needs, add property, plant, and equipment to the balance sheet, acquire competitors, or increase inventory.

«With Receipt Bank, bookkeeping moves from a cost to a source of income — becoming the enabler of effective reporting, payments, lending, and other value - adding services.

The other 25 % of your post-retirement income is expected to come from other income sources such as Social Security and employer pension plans.

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short - term capital gains, net realized long - term capital gains and return of capital or other capital source.

The monthly gross (before tax) income of all the homeowners on your loan, including recent pay stubs if you receive them, or documentation of income you receive from other sources.

The best investment strategy for you will depend on the value of your assets, how much income you have from other sources, your monthly expenses, your goals for retirement, your desire for leaving an estate, and more.

This group cites self - funded savings (55 %) as their expected primary source of retirement income, including 43 % who expect to rely on income from 401 (k) s, 403 (b) s and IRAs, and 12 % who have other savings and investments — that's according to the 17th annual Transamerica Retirement Survey of Workers.

«But on an after - tax basis, for Canadians who collect Guaranteed Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.»

For many people, it's helpful to start by grouping potential sources of income into 2 basic buckets: guaranteed income from sources such as Social Security, pensions, and annuities, and variable income from a job, retirement savings, and other sources such as rental real estate.

Of course, many individual economists do care about how income is distributed on the basis of ideas about human beings derived from sources other than their disciplinOf course, many individual economists do care about how income is distributed on the basis of ideas about human beings derived from sources other than their disciplinof ideas about human beings derived from sources other than their discipline.

Emancipation does not, however, necessarily mean «legal majority,» and may be granted earlier in instances where the minor can demonstrate they are at least sixteen years old; are living apart from the parents with their consent or acquiescence; able to manage their own finances and have a legal source of income; actively serve in a branch of the armed forces; or other reason the court may determine it in the best interest of the child to make a judicial declaration of emancipation.

Our kids love thumbing through the square catalog that comes in the mail, reading the stories about families whose lives have been changed by gifts of agriculture that provide a sustainable source of income from milk, eggs, honey and other products that can be sold or bartered for items they need.

The Treasurer receives and maintains a record of all membership dues forwarded by the President and the Association for Play Therapy and collects income from special assessments and / or other sources.

The funding is provided through the State's Public Housing Modernization Drug Elimination program, part of a modernization program that provides grants to public housing developments where rental income is insufficient and funds are unavailable from other sources for needed repairs and improvements.

Labour leader Jeremy Corbyn revealed that he earned a total taxable income of # 72,645 and earned an extra # 1,850 from other income sources.

«On the other hand, it should be noted that New York City is the primary source of surplus state revenues — largely generated by the income tax on high earners (the so - called «millionaires» tax»)- but New York City residents do not directly benefit from the commission's proposed use of $ 1 billion of this surplus for property tax reductions for suburban and upstate New Yorkers.

Hunting, ecotourism and «dude ranches» are other potential sources of income from grasslands.

Funds received from patrons * in the Pacific Coast region and from gifts, bequests, or other sources may be invested as trust funds by the Executive Director, as authorized by the Executive Committee, and the income therefrom shall be expended for the purposes of the Division as set forth in Article 2.

Funds received from patrons in the Pacific Coast region and from gifts, bequests or other similar sources, shall be invested as trust funds by the Executive Committee, and the income therefrom shall be expended for the advancement and diffusion of knowledge.

Funds received from patrons * in the Pacific Division region and from gifts, bequests, or other sources may be invested as trust funds by the Executive Committee, and the income therefrom shall be expended for the purposes of the Division as set forth in Article 2.

We then deducted the estimated production budget from the global box office for each film (using numbers from Box Office Mojo and other sources) to come up with a limited definition of each movie's operating income.

Considering the fact that freelancing is by far the most convenient source of income for students, competition is ever increasing, and your work needs to stand out from others.

In addition to the TIFIA loan, project funding sources include $ 111.5 million from city of Reno bond proceeds (backed by hotel room and sales taxes), $ 17 million from Union Pacific Railroad, $ 21.3 million in Federal grants, and $ 79.6 million in cash, interest earnings and other income.

Kristin Nelson Literary Agent wants all of her clients to make a living solely from writing, and most of her authors do without any other source of income.

Given that the majority of my work is published by DAW and other major publishers, it should come as no surprise that most of my income is from those same sources.

My book review operation was a success from the very beginning in terms of attracting publishers wanting to submit books for review and being able to pay any overhead expenses using review copies as a source of income by selling them to local bookstores and community libraries in Madison, Wisconsin and other surrounding small communities hereabouts.

I suspect if this becomes any kind of success it will quickly become the main or sole source of income for a lot of independent authors (as most of them make all their money from Kindle sales anyway — a lot don't offer physical books or have books available on other platforms at all) and so the zero - sum effect will be far more important.

Nathan, you have underscored what I'm hearing from other sources about the loss of income in ebooks, especially for a publisher like me accustomed to 50 % direct sales to readers.

If you are selling well on other ebook retailers such as iBooks, Nook or Kobo, then you would be very reluctant to take your books away from a proven source of income to be in Kindle Unlimited.

But to really benefit from all this — even assuming no other large sources of income — you really have to be in the lower tax brackets.

According to a BMO Financial Group report from last May titled Eligible Dividend Income, at least eight provinces or territories make it possible to receive $ 51,474 in «tax - free» eligible dividend income, again provided there are no other major sources of income, and notwithstanding any provincial health lIncome, at least eight provinces or territories make it possible to receive $ 51,474 in «tax - free» eligible dividend income, again provided there are no other major sources of income, and notwithstanding any provincial health lincome, again provided there are no other major sources of income, and notwithstanding any provincial health lincome, and notwithstanding any provincial health levies.

The irrational part is thinking that dividends are the only good way to generate income from stocks, are the primary source of superior performance in any given period, or that dividends somehow magically convey stability to your portfolio that's not available from other types of stock allocations.

As much as 85 % of your Social Security benefits could be taxable if you have other sources of income, such as earnings from work or withdrawals from tax - deferred retirement accounts.

The availability of income from other sources, such as savings, pensions, mutual funds, or annuities, can affect someone's claiming strategy, too.

2 — The interest on these bonds is fully taxable under the head of «income from other source».

Even with no employer pension or other sources of income, someone living on some combination of CPP, OAS and GIS taken at age 67 would be able to generate some $ 3,250 a year of safe interest income from a nest egg that (conservatively) might have grown to $ 130,000 over that time.

Further, only applicants who are currently employed (or have proof of income from other sources) and those who have graduated from a nonprofit college or graduate program eligible for Title IV federal aid will be considered.

Regarding the decisions about apporting assets among adult children (beneficiaries), there are several consideratikons: relative wealth of each beneficiary; age of each beneficiary, as a guide to life expectancy; other sources of income, if any, available to each beneficiary such as working spouse or likely inheritance and amount from spouse's parents; support and help rendered during lifetime, especially later years; # of young children and their ages for each beneficiary; relative need among beneficiaries to maintain a reasonable standard of living; and so on.

The way it works is that, each year, the insurer deduct all expenses, such as death benefits paid and the costs of running the business, from the money they've made (premiums collected, investments, and any other sources of income) and pays out any net profit as a dividend.

Between 50 and 85 percent of your annual benefit is taxable when the sum of one - half of your Social Security income, plus income from other sources is more than $ 25,000 — or $ 32,000 if you're married and file a joint return; or $ 0 if you file separately from your spouse.

Income The amount of money received from employment (salary, wages, tips), profit from financial instruments (interest, dividends, capital gains), or other sources (welfare, disability, child support, Social Security and pensions).

For taxation years ending after March 20, 2013, your other sources of income must be subordinate to farming in order for farming losses to be deductible in full against your income from those other sources.