Sentences with phrase «income in the previous year»

If you earned income in the previous year, you must file a federal tax return to the IRS.

This shows what the social security administration has recorded as your income in previous years.

can be checked against our records — for example, the amount of your refund or debt and your taxable income in the previous year.

Not exact matches

In the quarter that ended Dec. 31, 2017, CNBC reports, McDonald's net income fell 41 percent, to $ 698.7 million, or 87 cents per share, from $ 1.19 billion, or $ 1.44 per share the previous year.

Mattel's full - year net income increased to $ 903.9 million, or $ 2.58 per share, from $ 776.5 million, or $ 2.22 per share, in the previous year.

Taxpayers» strategy in late 2012 that aimed at avoiding federal income tax hikes in 2013 produced a 10.8 % jump in state personal income tax collections in the fourth quarter of 2012 compared to the same period the previous year, researchers found.

Apple's (APPL) net income in the last three months jumped to $ 6 billion — that's a 78 % increase from the same time the previous year.

Combined net income of the Big Six jumped $ 6 billion to $ 20.4 billion last year, besting the previous record of $ 19.5 billion set in 2007.

The bank reported Wednesday a 4 percent increase in year - on - year income from the previous quarter.

Tax experts say he might even have owed no income taxes in one or more recent years by using real estate depreciation provisions and carrying forward business operating losses from previous years.

Amid generally high commodity prices, they have been extracting more dollars for their products and collecting higher profits: realized net farm income stood at $ 4.5 billion in 2010, up 46 % from the previous year.

But as of December 31, 1991, the IRS no longer settles for 100 % of last year's bill in cases in which taxpayers earn adjusted gross incomes of at least $ 75,000, paid quarterly estimated taxes during any of the three previous years, and earn $ 40,000 more than they did last year.

After the most dramatic improvement in the Index's history in 2015 — from 41st to 12th in one year — North Carolina has continued to improve its tax structure, and now imposes the lowest - rate corporate income tax in the country at 3 percent, down from 4 percent the previous year.

But homeowners may exclude from taxable income up to $ 250,000 ($ 500,000 for joint filers) of capital gains on the sale of their home if they satisfy certain criteria: they must have maintained the home as their principal residence in two out of the preceding five years, and they generally may not have claimed the capital gains exclusion for the sale of another home during the previous two years.

You are legally obligated to file a tax return every spring, if you earned a certain amount of income in the previous tax year.

Other income for the current quarter stood at Rs 2.6 crore versus Rs 20 crore in the previous quarter and Rs 19.7 crore in the same year - ago period.

As with previous months, I am directly reinvesting all my dividends until my annual dividend income falls between $ 2 - 3,000 per year in a particular account, allowing me to reinvest more selectively a few times per year.

Net income came in at 2.1 billion pesos, or $ 118 million, a 14 percent increase from the previous year.

A bequest is eligible for a tax receipt that can be used against your estate's taxable income in the year of death as well as the previous year.

In previous tax years, the credit has only been available for low - to middle - income households.

In 1985, the Higher Education Research Institute at U.C.L.A. began asking incoming college freshmen if they «felt overwhelmed by all I had to do» during the previous year.

In addition, accrual adjustments with respect to previous years lowered EI premium revenues but increased personal income tax revenues by a comparable amount.

Total household assets rose by 6 per cent over the year to the December quarter 2004 (Table 7), in line with income but well below the average of previous years.

Correspondingly, the current account deficit has also widened over the past couple of years, although the deficit for the September quarter, at around 6 per cent of GDP (assuming that the net income deficit remains constant as a share of GDP), is likely to have been smaller than in the previous quarter.

You'll notice that estimated taxes due on January 15th are for incoming made in the previous year.

Total income during the year rose to Rs 5,516.95 crore as against Rs 3,907.85 crore in the previous fiscal.

The company's FY2015 revenue was $ 5.26 billion, an increase from $ 4.87 billion in FY2014, while its net income was $ 2.14 billion against $ 1.65 billion in the previous year.

The previous day the company reported net income attributable to common stockholders of $ 976 million in the fourth quarter of 2017, or $ 1.80 a diluted share, compared with a loss of $ 515 million or 94 cents a share in the same period a year earlier.

U.S. farm income declined to $ 93 billion in 2015 after averaging more than $ 124 billion in the previous four years, which witnessed uncommonly strong commodity market growth.

Premier League signed a record breaking domestic TV rights deal for 2016 - 2019 which will bring in # 5 billion just from UK rights and total income from domestic and foreign rights for next three years period might reach # 8.5 billion which is almost doubled from previous tv rights deals.

This was due to a # 30m increase in broadcast rights fees, a # 21m increase in commercial income (an impressive gain given the club didn't see income from its main sponsors increase between this and the previous financial year) and a # 11m increase in match - day revenue (due to the Main Stand expansion — another admirable gain given the club played seven fewer home games during 16/17 as compared with the season prior).

When compared to previous years of the Deloitte table, the clubs at the top are getting exponentially richer, especially in terms of matchday revenue and commercial income in particular.

If tuition reduction is being sought after September 1st in the academic year, the applicant will need to submit the tax returns for the previous calendar year, as well as submitting to the Finance Committee documentation of their last three months» income (pay stubs, etc.).

Nationally, on an average school day, 56 low - income children participated in the School Breakfast Program for every 100 participating in the National School Lunch Program, up from 54.3 the previous school year and 50.4 percent in the 2011 — 2012 school year.

Although expenses in the recently approved budget outstrip income by more than $ 106,000, the deficit will be made up by $ 200,000 in developer donations held in surplus from previous years.

According to FRAC's most recent findings, nearly 12.2 million low - income students participated in the School Breakfast Program in SY 2016 - 17, representing an increase of 0.6 percent from the previous year.

433,000 More low - income students participated in the School Breakfast Program in the 2015 - 2016 school year than during the previous year.

«In spite of the reduction in the headline numbers, the Group's performance for the year 2017 witnessed an improvement in core operating performance over the previous year after adjusting for the significant foreign exchange revaluation income enjoyed in 201In spite of the reduction in the headline numbers, the Group's performance for the year 2017 witnessed an improvement in core operating performance over the previous year after adjusting for the significant foreign exchange revaluation income enjoyed in 201in the headline numbers, the Group's performance for the year 2017 witnessed an improvement in core operating performance over the previous year after adjusting for the significant foreign exchange revaluation income enjoyed in 201in core operating performance over the previous year after adjusting for the significant foreign exchange revaluation income enjoyed in 201in 2016.

· you received income support, income - based jobseeker's allowance, income related employment and support allowance or pension credit for the whole 2013 - 14 tax year, or according to HMRC data, you only have employment or occupational pension (unless you only have a temporary national insurance number or made a fresh claim in 2013 - 14 but did not provide your actual previous year income at the time)

Browne said previous research by the IFS showed the allowance was effective in keeping 16 - to 18 - year - olds in school, especially those of non-working parents, while child benefit for people higher up the income scale was unlikely to have the same effect.

Despite the need, the city was forced to shut down its 20 - year - old lead abatement program last year after HUD rejected a previous application for $ 3.5 million in aid to remove lead from low - income homes with children.

They may even go in batches, work every three years or so, spending two years living off their previous income and letting their net wealth drop so that their net worth is low enough that they don't suffer the same penalty to working.

While the extension filing would not include many of the specifics that a full return would, including her sources of income and how much she gave in charitable donations, it would give an indication of how much money Nixon made the previous year.

Statistics published by the Department of Work and Pensions suggest that 11 % of children in the UK lived in absolute low - income households during 2010 - 2011, a number that was unchanged from the previous year.

The study was carried out by the Vision Loss Expert Group, led by Professor Rupert Bourne of Anglia Ruskin University, and shows the prevalence and causes of vision loss in high income countries worldwide as well as other European nations in 2015, based on a systematic review of medical literature over the previous 25 years.

Actor is top earner for period from June 2013 to June 2014, matching his income from the previous year, thanks to the continuing strength of his Iron Man portrayal in various Marvel films

However, OPPAGA's 2010 report and 2012 revenue estimating conference relied on U.S. Census data and found that their previous estimate of switchers had been too low, since 94.6 % of scholarship - eligible low - income students were attending public schools in the year before the STC program took effect.

Quality Preschool Benefits Poor and Affluent Kids, Study Finds NBC News, March 28, 2013 «While most previous studies had focused only on kids from underprivileged backgrounds, in the new study Harvard researchers found that regardless of family income children who got a year of quality prekindergarten did better in reading and math than kids who spent the year in daycare, with relatives, or in some other kind of preschool, according to the report which was published in Child Development.»

Our data included each student's answers on each year's test; which school and classroom each student was in; each student's previous and future test scores; and demographic variables including each student's age, sex, race, and eligibility for the federal school lunch program, a widely used proxy for family income.

Students are eligible if their family income is no more than 250 percent of the federal poverty line ($ 61,500 for a family of four in 2017 — 18) and they either (1) attended a public school designated as C, D, F or T in the previous year, (2) are entering kindergarten or (3) were enrolled at a public school in the Recovery School District.