Sentences with phrase «income out of the formula»

Not exact matches

For example, if your weekly income after deductions are taken out is $ 300, your employer would be required to calculate the amount due under the two formulas: (1)($ 300 — 217.50 = $ 82.50) or (2)(25 % of $ 300 = $ 75) and pay the creditor the smaller amount.

Wright said that the details of any ban on the college receiving income from formula manufacturers would still have to be worked out.

This year, Mark - Viverito has said she will divide member items based on a formula that accounts for the income levels of each council district, rather than hand them out arbitrarily as was the practice in past years.

The previous method used a «complex formula of up to 108 pieces of information», [3] by first calculating the total child maintenance required based on the children's ages, then calculating the non-resident parents income after various allowances were subtracted, and finally working out what portion of the calculated maintenance was to be paid by the non-resident parent, based on their income.

I haven't figured out the math to get an analytical formula, but from playing with a spreadsheet it does look like it does generally make sense to contribute and defer the deduction if your room is finite and your tax drag is about a quarter to a third of your marginal rate (which is the case, even for dividends, for people with incomes over ~ $ 45k).

One of the methods lenders use to determine if you have too much debt is by pouring your regular expenses and income into a formula and coming out with something called a debt - to - income ratio or DTI.

The amount is calculated by a formula created by the state legislature, and this formula generally combines the gross income of each parent and sets out a basic support obligation amount based on those combined incomes.

Plenty of formulas out there from the simple, 10x annual income to the ridiculously complex, but what really answers the question?

Florida Statutes section 61.30 sets out a formula to calculate child support that takes into account the incomes of each party, the amount of time the child spends with each parent, health insurance costs, and other costs.