Sentences with phrase «gross household income of»

Rescue groups and pet owners with a gross household income of $ 50,000 or less can call SpayWay at [phone] for an appointment.

Based on our calculations, with a down payment of 21 % (the national average), a 25 - year amortized mortgage and an interest rate of 3 %, a family needs a gross household income of at least $ 116,000 in order to afford a single - family detached home in Calgary's city centre.

The plant created 140 full - time jobs and will generate an annual direct gross household income of approximately $ 11m.

«The plant created approximately 140 full - time jobs and will generate an annual direct gross household income of approximately $ 11m.»

For instance, if you have a gross household income of $ 8,000, and your lender allows a 43 percent DTI, you can spend up to $ 3,440 for housing costs plus monthly bills like auto payments, student loans, and credit cards.

Not exact matches

A household with a $ 360,000 mortgage and a gross income of $ 63,000, for example, would have to pay an extra $ 180 monthly, around 3.5 per cent of income.

Benjamin Tal, an economist with CIBC, reported in a study earlier this year that heavy borrowers, those with household debt - to - gross income ratios above 160, accounted for 34 % of all borrowers compared to 26 % in 2007.

For single and head - of - household taxpayers in that situation, the deduction is phased out for modified adjusted gross incomes between $ 63,000 and $ 73,000 for 2018.

Called «Bucky's Tuition Promise,» the program will cover four years of tuition and fees for in - state students whose family's annual household adjusted gross income is $ 56,000 or less.

The method employed by the IRS used to estimate the total amount of underreported income of all nonfarm sole proprietorships, or gross tax gap, rather than the average amount of underreporting of households led by unincorporated self - employed individuals.

The firm selected winners by looking primarily at how much median money households headed by a 23 - to 34 - year - old earn in each city and what share of gross monthly income young locals need to pay for entry - level homes.

My single income household grosses roughly $ 120K per year, but thanks to non-taxable benefits (housing allowance, subsistence, etc.), only 75 % of that annual pay is taxable (not bad considering I've given a blank check to God & Country).

As an example, a household with a gross income of $ 40,000 will receive a credit for any property tax exceeding $ 2,580 annually.

In 2017, Pease reduces itemized deductions by 3 percent of the amount by which adjusted gross income exceeds specified thresholds — $ 261,500 for single filers, $ 287,650 for heads of household, $ 313,800 for married couples filing jointly, and half of that for married couples filing separately.

To qualify in 2016, a family's modified adjusted gross income may not exceed $ 65,000 for single, head of household, or qualifying widower filers or $ 130,000 for married filers.

Financial Samurai would recommend that this couple shoot for a net worth target of 20X their annual household gross income which amounts to $ 3.5 million, before they leave the workforce.

As a starting point, one rule of thumb is that people should invest about 15 % of their gross household income in order to live as well in retirement as they do now.

The Affordable Care Act says that health insurance is affordable if premiums cost no more than 9.5 % of a household's modified adjusted gross income.

As of the third quarter of 2011, the average house in Australia cost 6.7 times the country's gross annual median household income.

If your filing status is single or head of household and your modified adjusted gross income (MAGI) is below $ 62,000, you can contribute up to $ 5,500 ($ 6,500 if you are age 50 or older) pretax in 2017; if your MAGI is between $ 62,000 and $ 72,000, you can make a partially deductible contribution.

The growth of gross household debt has seen the household sector's debt to income ratio on a gradually rising trend for much of the past decade.

DTI is the ratio of monthly debt payments (all forms of household debt payments) to the borrower's monthly gross income.

About eight per cent of households owe 350 per cent of gross income, representing about 20 per cent of all debt, Poloz said.

The average gross income of New York households getting SNAP was $ 884 a month, according to the Department of Agriculture study.

The most recent government statistics show that direct and indirect taxes account for 47 % of the gross income of the poorest 10 % households.

Under Golden's legislation, a student in a household with an adjusted gross income of $ 500,000 would be eligible, and that income limit would increase by $ 10,000 per additional child, not to exceed $ 550,000.

The gross rents (rent plus utilities) will range from $ 638 to $ 1,125 a month, and will be affordable to households with incomes at or below 80 % of area median income.

The gross rents (rent plus utilities) will range from $ 531 to $ 725 a month, and will be affordable to households with incomes at or below 60 % of the area median income.

Applicants must bring the following documentation to the outreach: 1) Proof of gross income received within the last 30 days for all household members a) Wages: If paid weekly, last four (4) paystubs b) Wages: If paid bi-weekly, last two (2) paystubs c) Award letters, if applicable (Social Security, Pension, Unemployment, Workers Comp, Disability, etc.) d) Yearly statement of interest received (savings, checking, CDs, money market account, etc.) e) Dividend proof (stocks, bonds securities, etc.) 2) Social Security numbers for all household members 3) One (1) form of ID for all household members (birth certificate or Social Security card or driver's license or school ID, etc.) 4) Proof of residency (utility bill, Rent / lease information or mortgage statement) 5) Current heat and / or electric bill.

Benefit value depends on size, income and expenses of the household, but approximate gross monthly income limits for those 60 + or disabled are $ 1,962 single / $ 2,655 couple.

The party's research shows in 1997, the poorest 20 % of households had a gross income of # 7,300 each and paid # 2,760 in tax, meaning they paid 37.8 % of their income in tax.

Instead, we believe that most errors are unintentional: parents do not understand which household members should be included, forget about a minor income source, report net instead of gross income, or incorrectly enter the frequency of income receipt.

The law places no limits on recipients» household incomes (i.e., it's not «means - tested» for low - income families), and in fact the average adjusted gross income of recipient families was $ 51,923, slightly higher than the state's 2012 median income.

Unlike Nevada's nearly universal ESA program, the Opportunity Scholarship is only available to those families whose household income (gross) falls within 300 % of the poverty line.

For example, if you file as a single, head of household, or qualifying widow (er) taxpayer for the 2017 tax year and have more than $ 75,000 in adjusted gross income ($ 55,000 for married filing separately, $ 110,000 for joint filers), the reduction increases as the amount exceeding the limit increases.

For 2018, the adjusted gross income amount that results in the credit phasing out begins at $ 200,000 for single, head of household, or married filing separate filers and $ 400,000 for joint filers.

As a general rule of thumb, lenders prefer if your mortgage payment, including principal, interest, property taxes and insurance, is 28 % or less of your gross household income.

A median gross rent of $ 1,613 is quite affordable on the average household income, and that's exactly how many people in Fremont choose to live.

The median household income of $ 47,000 is certainly sufficient to sustain an average household, and even allow them to save a few dollars, based on the median gross rent of $ 882.

This is when their credit card monthly minimums total about 10 % of your gross household monthly income.

«Income is defined as household, adjusted gross - income including other sources of income such as social security benefits and interest on municipal Income is defined as household, adjusted gross - income including other sources of income such as social security benefits and interest on municipal income including other sources of income such as social security benefits and interest on municipal income such as social security benefits and interest on municipal bonds.

Also, the opportunity to contribute to a Roth IRA is now phased out as your modified Adjusted Gross Income rises between $ 167,000 and $ 177,000 if you are married filing jointly, or $ 105,000 to $ 120,000 if you are single or a head of household.

Homebuyers who file as single or head - of - household taxpayers can claim the full credit if their modified adjusted gross income (MAGI) is less than $ 125,000.

You have a moderate risk tolerance and after including your household's Social Security, you desire a gross annual income of $ 40,000.

Medicaid considers all sources of income to calculate a household's gross monthly income.

In 2017, the credit phases out at modified adjusted gross incomes between $ 112,000 and $ 132,000, assuming you're married filing jointly, and between $ 56,000 and $ 66,000 if you're single or head of household.

The deduction phases out if your modified adjusted gross income is between $ 135,000 and $ 165,000 and you're married filing jointly, or between $ 65,000 and $ 80,000 and you're single or you file as head of household.

But with a median household income of around $ 50,000 a year, and a median gross rent of only $ 850 a month, it's an affordable place to live in comfort.

For example, the married resident with a household with a gross income of $ 62,000 (AGI of $ 28,000 following standard married deduction) could deduct 50 % of their Roth IRA contributions.

The 28/36 rule states that a household should spend no more than 28 % of its gross (before taxes) monthly income on housing expenses (front - end) and no more than 36 % on total debt (back - end).