Sentences with phrase «full deductibility of»

He's been a key player regarding real estate issues, pressing for a shorter depreciation period for tenant leasehold improvements and helping push through the FHA loan limit increase and full deductibility of health insurance premiums for the self - employed.

In addition, full deductibility of a contribution is available for a working person who is not an active participant in an employer - sponsored retirement plan and is married to someone who is an active participant whose MAGI is less than $ 189,000.

For a Traditional IRA, full deductibility of a contribution is available to active participants whose Modified Adjusted Gross Income (MAGI) is $ 101,000 or less (joint) and $ 63,000 or less (single); partial deductibility for MAGI up to $ 121,000 (joint) and $ 73,000 (single).

It has substantially higher contribution limits, no income phaseouts on the full deductibility of contributions, and lets you postpone RMDs if you're still working at age 70 1/2.

In addition, full deductibility of a contribution is available for working or nonworking spouses who are not covered by an employer - sponsored plan whose MAGI is less than $ 186,000 for 2017; partial deductibility for MAGI up to $ 196,000.

For a Traditional IRA, full deductibility of a contribution for 2017 is available to active participants whose 2017 Modified Adjusted Gross Income (MAGI) is $ 99,000 or less (joint) and $ 62,000 or less (single); partial deductibility for MAGI up to $ 119,000 (joint) and $ 72,000 (single).

And it also ends the full deductibility of state and local taxes, offering instead a $ 10,000 cap for deducting property, sales and state income taxes — a big hit to Long Island and New York, as well as other high - tax states.

In addition, the LIA wants Congress to restore full deductibility of state and local taxes, or SALT, which was capped in December's federal tax overhaul.

First, full deductibility of interest expense is replaced by deductibility limited to 30 % of earnings before interest, taxes, and depreciation.

It has substantially higher contribution limits, no income phaseouts on the full deductibility of contributions, and lets you postpone RMDs if you're still working at age 70 1/2.

In addition, full deductibility of a contribution is available for working or nonworking spouses who are not covered by an employer - sponsored plan and whose MAGI is less than $ 186,000 for 2017, with partial deductibility for MAGI up to $ 196,000.

For a traditional IRA, full deductibility of a contribution for 2017 for those who participate in an employer - sponsored retirement savings plan is available for those who are married and whose 2017 modified adjusted gross income (MAGI) is $ 99,000 or less, or for those who are single and whose 2017 MAGI is $ 62,000 or less, with partial deductibility for MAGI up to $ 119,000 (joint) or $ 72,000 (single).

For 2018 full deductibility of a contribution is available to active participants whose 2018 Modified Adjusted Gross Income (MAGI) is $ 101,000 or less (joint) and $ 63,000 or less (single); partial deductibility for MAGI up to $ 121,000 (joint) and $ 73,000 (single).

Not exact matches

«Republicans for generations have said that raising taxes will lead to wealthy New Yorkers leaving the state, increasing the burden on everyone else, and that's exactly what the repeal of full state and local tax deductibility will do.

«The elimination of full state and local deductibility alone is an economic missile aimed at this state that will cost New Yorkers more than $ 14 billion.»

For home equity loans and lines of credit (1) Maximum loan amount depends on home value and total loans secured by home (2) Property insurance required (3) Consult your tax advisor about tax deductibility (4) Closing costs are $ 149 for home equity loans and home equity lines of credit plus cost of appraisal, if needed, and can range from $ 400 to $ 700 (5) No annual fee for qualified credit (6) For balloon products, balance might not be paid in full by end of term.

The way to maintain full deductibility is to make sure that 100 % of all cash paid out by an ETF is either used to reinvest or to pay onto the investment loan.

Maximizing an employer - sponsored plan and IRA first allows you to take full advantage of any available company match, pretax contributions, and tax deductibility.1 Once you've reached those thresholds and would like additional retirement savings opportunities, you may want to consider contributing to a low - cost, tax - deferred variable annuity so you can add to your tax - deferred savings.