Sentences with phrase «income than married couples»

Cohabiting couples tend to have less education and income than married couples, and it may be that those who do not marry are a particularly disadvantaged group.

In general, cohabiting couples tend to have less education and income than married couples, and it may be that those who do not marry are a particularly disadvantaged group (for example, we could not account for the job prospects of male partners).

Not exact matches

Roth IRAs have income limitations; for instance, to contribute this year, your modified adjusted gross income for a married couple filing jointly must be less than $ 193,000.

Besides, even if you are eligible to contribute directly to a Roth IRA (which means a modified adjusted gross income below $ 112,000 for individuals and $ 178,000 for married couples filing a joint tax return), the maximum you can set aside this year is just $ 5,500 if you are younger than 50, and $ 6,500 if you are older.

To be accredited a single person must have made more than $ 200,000 a year for the last two years with the expectation that such income will continue, with the number bumping up to $ 300,000 for married couples.

If you're married, filing jointly, and your combined wages will exceed the $ 250,000 income threshold for couples, you'll want to make sure that your joint Medicare surtax for the year isn't significantly higher than you anticipated.

The limitation on itemized deductions (sometimes called «Pease» after the Ohio congressman who proposed it) reduces deductions for high - income taxpayers by 3 percent of the amount by which their AGI exceeds a threshold — $ 261,500 in 2017 ($ 287,650 for heads of household, $ 313,800 for married couples filing jointly, and half of that for married couples filing separately)-- but not by more than 80 percent of deductions claimed.

Shouldn't the incomes of married couples and two - parent families with children have increased more than they did?

«In this city, a married couple pays 13 percent of their annual income — higher than any other state in the nation.

A # 25 billion pot could mean we could raise the income tax threshold to # 10,000 immediately, introduce a tax break for married couples (which is more pro-poor than the threshold change), accelerate Osborne's cuts in corporation tax, lower national insurance and end the counter-productive 50p tax band.

The proposed city income tax hike would raise the rate for individuals making more than $ 500,000 and married couples earning over $ 1 million from 3.876 percent to 4.41 percent.

The millionaires tax now only applies to single filers who earn more than about $ 1 million and married couples whose combined income exceeds about $ 2 million.

In 2017, 85 percent of benefits to individuals with provisional income of more than $ 34,000, and married couples with income greater than $ 44,000, are taxed.

But a lot of people don't know that married couples actually get a marriage bonus, and often pay less income tax than they would if each partner were single.

By contrast, married joint - filing couples don't reach that tax bracket until they have more than $ 75,900 of taxable income, and single taxpayers need more than $ 37,950 of taxable income to be in the 25 % bracket for 2017.

You've probably heard about the marriage tax penalty: the idea that a married couple pays more income tax than they would have to if they remained single.

In Missouri, Social Security benefits are not taxed for single taxpayers with an adjusted gross income of less than $ 85,000 or married couples with an AGI of less than $ 100,000.

For Coverdells, married couples filing jointly must have a modified gross adjusted income less (MAGI) than $ 220,000, and for Roth IRAs MAGI must be less than $ 193,000.

Single taxpayers with two qualifying children may not have earned income or adjusted gross income equal to more than $ 41,952 or $ 47,162 for married couples filing jointly.

Married couples filing jointly can contribute the full amount if their combined income is less than $ 184,000.

First, change the tax laws that (a) restrict couples who are filing as «married filing jointly» from taking the student loan interest (SLI) deduction for both loans (right now, married couples can only take $ 2,500 total, even if both are paying and have more than $ 2,500 each in interest, whereas someone who is single can take $ 2,500 for himself / herself), (b) phase out the SLI deduction at higher incomes (why should someone making $ 110K be able to take the full $ 2,500, but someone making $ 130K should not?)

Single people with combined income of less than $ 25,000 ($ 32,000 for married couples) will have 0 % of their Social Security benefits taxed.

Once married couples get past the 15 % tax bracket, the IRS treats their income differently than if they were single.

Income For 2006 tax returns, those under the age of 65 must file if they earn a minimum of: — $ 8,450 as single filers — $ 10,850 as head of household filers — $ 16,900 as married couples filing jointly and both husband and wife are younger than 65.

In 2015, if you make less than $ 432,400 AGI for married couples filing jointly or $ 258,250 for a single head of household, you can reduce the amount of income that is taxed by $ 4,000 per child.

Couples who are married filing jointly can both contribute up to $ 5500 if their joint income is less than $ 184,000; they are eligible for partial contributions if they earn between $ 184,000 and $ 194,000.

A full contribution is allowed only if adjusted gross income is less than $ 120,000 for individuals or $ 189,000 for married couples filing jointly.

Provided that your combined income for couples filing jointly is less than $ 110,000, or $ 55,000 for a married person filing separately, you can claim tax credit by $ 1,000 per child.

Accredited investors must have a single or joint net worth of more than million dollars (not counting primary residence), or income greater than $ 200,000 for the last two years, or $ 300,000 for married couples.

Roth IRAs are available to people with earned income whose adjusted gross income is less than $ 132,000 for individuals and $ 194,000 for married couples in 2016.

For a single person the annual income can not be more than $ 48,140; for a married couple of two people no more than $ 64,878; for a family of three no more than $ 70,890 and up to $ 79,477 for a family of four.

AMT marriage penalties, combined with the fact that married couples often have children and tend to have higher incomes than single individuals, make married couples more than six times as likely as singles to pay the AMT.

Under the regular income tax, many married couples receive a «marriage bonus» because they pay less tax than they would if they were single.

When a married couple from a community property state files separate federal tax returns, they generally must report half of their combined income rather than reporting their own earnings alone.

The tax credit is 6.2 % of earned income, but not more than $ 400 for an individual or $ 800 for a married couple filing a joint tax return.

Because of the way the tax tables are written, a married couple filing jointly can actually be pushed up an income bracket, paying hundreds or thousands of dollars more than they would if they filed separately.

Cohabiting couples tend to be younger and have less college education than married couples, and cohabiting fathers tend to have lower incomes and are slightly less likely to be employed than married fathers (77 % compared to 90 %).19 Consequently, cohabiting couples may need more support to build economic stability, including job training and placement, as well as financial education to better manage less income and fewer resources.

The evidence is limited, and mixed, on whether strategies designed to overcome these stressors, for example, by providing job search assistance or by supplementing low earnings, rather than relying solely on teaching marital communication and problem - solving skills would also increase the likelihood that low - income couples would marry or that married couples would stay together.

Using data from the Panel Study of Income Dynamics to follow couples marrying for the first time between 1985 and 1995, I found that couples where the wife earns about 40 percent of the income while the husband does about 40 percent of the housework have the lowest risk of divorce — considerably lower than the divorce risk in families where the husband earns all of the income and the wife does all of the housIncome Dynamics to follow couples marrying for the first time between 1985 and 1995, I found that couples where the wife earns about 40 percent of the income while the husband does about 40 percent of the housework have the lowest risk of divorce — considerably lower than the divorce risk in families where the husband earns all of the income and the wife does all of the housincome while the husband does about 40 percent of the housework have the lowest risk of divorce — considerably lower than the divorce risk in families where the husband earns all of the income and the wife does all of the housincome and the wife does all of the housework.

The median income for single parent families is much lower than that of married couple families, meaning that more children are likely to live in economically vulnerable families.

When this law takes full effect in 2014, married couples will generally receive $ 1,500 to $ 10,000 less per year in health care premium support than cohabitating couples with the same combined income.

It is possible that lower - income married couples could benefit from pro-marriage services as much or more than unmarried parents.

A couple receives a «marriage bonus» if they pay less income tax as a married couple than they would have as two single individuals.

According to the Tax Policy Center, a married couple suffers a «marriage penalty» if they pay more income tax as a married couple than they would have as two single individuals.

Business owners are exempt from the personal service restriction if single filers must have taxable income less than $ 157,500 and married couples filing jointly must have less than $ 315,000 taxable income.

Single Women Buyers on the Mend, Age of First - Time Buyers on the Rise As in years past, married couples once again made up the largest share of buyers (66 percent) and had the highest income ($ 99,200), according to the survey; however, single women made up more of the buyer pie than in recent years.

Business owners must have taxable income less than $ 157,500 for single taxpayers or $ 315,000 for married couples filing jointly.

Bobbie and Emil's taxable income (determined without regard to the deduction for qualified business income) is higher than the threshold for married couples filing a joint return ($ 315,000).

Single buyers are actually slightly older than married buyers (46 for men, 48 for women compared to 42 for married couples) but have only a single income to pay the costs of homeownership.

The current federal capital gains tax rate for single taxpayers with an Adjusted Gross Income (AGI) less than $ 400,000 and married couples filing jointly with an AGI less than $ 450,000 is 15 % on all component of gain except depreciation recapture.