Sentences with phrase «income under this amount»

Not exact matches

Under the new accounting rules, that meant Google had to mark up its stake in Uber, likely by a considerable amount, and report the unrealized gain as income.

Under previous tax law, most people could deduct the amount of taxes they'd paid on property, sales or income from the adjusted income they reported on their federal tax returns.

Under previous tax law, anyone making above a certain amount — $ 313,800 for couples filing jointly in 2017 — faced a ceiling on how much they could subtract from their taxable income through itemized deductions.

The budget office report released today estimates that annual payments under a federal program to eligible individuals would amount to $ 16,989, while couples would receive $ 24,027, before deductions for any income earned.

Under existing law, payments of those taxes can be deducted, or subtracted from federal taxable income, lowering the amount of federal tax due.

It requires many taxpayers to calculate their liability twice — once under the rules for the regular income tax and once under the AMT rules — and then pay the higher amount.

The amount of debt that is projected under the extended baseline would reduce national saving and income in the long term; increase the government's interest costs, putting more pressure on the rest of the budget; limit lawmakers» ability to respond to unforeseen events; and increase the likelihood of a fiscal crisis, an occurrence in which investors become unwilling to finance a government's borrowing unless they are compensated with very high interest rates.

Bonus amounts under our bonus plan are tied to overall corporate and individual performance, and the bonus pool for executive officers is based on our performance during the fiscal year compared to pre-established target levels for three equally - weighted measures: revenue, operating cash flow and non-GAAP income from operations.

«Non-GAAP Income from Operations» is defined as our non-GAAP income from operations (revenues less cost of revenues and operating expenses, excluding the impact of stock - based compensation expense and amortization of acquisition - related intangible assets), as adjusted to exclude certain acquisitions and not including the impact of amounts payable under the Kokua BonusIncome from Operations» is defined as our non-GAAP income from operations (revenues less cost of revenues and operating expenses, excluding the impact of stock - based compensation expense and amortization of acquisition - related intangible assets), as adjusted to exclude certain acquisitions and not including the impact of amounts payable under the Kokua Bonusincome from operations (revenues less cost of revenues and operating expenses, excluding the impact of stock - based compensation expense and amortization of acquisition - related intangible assets), as adjusted to exclude certain acquisitions and not including the impact of amounts payable under the Kokua Bonus Plan.

Under an income - contingent repayment program, borrowers with Direct Stafford loans of any kind, PLUS loans made to students, and consolidation loans have their monthly payment based on the lesser of 20 percent of discretionary income or the amount due on a repayment plan with a fixed payment over 12 years, adjusted for income.

(full subsidy amount for single filers making under 12k) Despite the fact that your income is obviously higher but your deducting most of it with operating expenses etc?

That means the annual amount due on all of your eligible loans (and, if you are required to provide documentation of your spouse's income, the annual amount due on your spouse's eligible loans) exceeds what you would pay under IBR or PAYE.

For example, eligibility and the amount paid under the Guaranteed Income Supplement are determined through the tax system, in a manner to similar to the other «refundable tax expenditures».

Under this guideline, you can only write off certain costs if the total amount is equal to more than 2 % of your adjusted gross income (AGI).

Kiddie tax: The kiddie tax continues to apply to annual unearned income above a specified amount ($ 2,100 in 2018) received by a child under age 19 or a full - time student under age 24.

Note that loan amounts forgiven under the PSLF Program are not considered income by the Internal Revenue Service.

Some mortgage underwriters base decisions on the percentage of your total student loan balance rather than using your monthly payment amounts under an income - driven repayment plan.

We intend, as its managing member, to cause SSE Holdings to make cash distributions to the owners of LLC Interests in an amount sufficient to (i) fund all or part of their tax obligations in respect of taxable income allocated to them and (ii) cover our operating expenses, including payments under the Tax Receivable Agreement.

Under this program, payments begin at a lower amount, which is ideal for borrowers with a lower income upon graduation or leaving school.

Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's plans, assumptions, expectations, beliefs and objectives with respect to store openings and closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net; effective income tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.

and to calculate your monthly payment amount under all income - driven repayment plans.

Maybe offering tax credits for internet services if you are under a certain income or having things like EI and social assistance cover these amounts as well.

Under the other TRAs, we generally will be required to pay to each Reorganization Party described under «Organizational Structure» approximately 85 % of the amount of savings, if any, in U.S. federal, state and local income tax that we are deemed to realize (using the actual U.S. federal income tax rate and an assumed combined state and local income tax rate) as a resulUnder the other TRAs, we generally will be required to pay to each Reorganization Party described under «Organizational Structure» approximately 85 % of the amount of savings, if any, in U.S. federal, state and local income tax that we are deemed to realize (using the actual U.S. federal income tax rate and an assumed combined state and local income tax rate) as a resulunder «Organizational Structure» approximately 85 % of the amount of savings, if any, in U.S. federal, state and local income tax that we are deemed to realize (using the actual U.S. federal income tax rate and an assumed combined state and local income tax rate) as a result of:

Generally, amounts you receive under a life insurance contract paid by reason of the death of the insured are not included in your gross income; such proceeds are received tax - free.

In addition, under current Internal Revenue Service rules, you may be required to pay income tax on any amount that's forgiven if you still have a remaining balance at the end of your repayment period.

Under these plans, your monthly payment amount will be based on your income and family size when you first begin making payments, and at any time when your income is low enough that your calculated monthly payment amount would be less than the amount you would have to pay under the 10 - year Standard Repayment Under these plans, your monthly payment amount will be based on your income and family size when you first begin making payments, and at any time when your income is low enough that your calculated monthly payment amount would be less than the amount you would have to pay under the 10 - year Standard Repayment under the 10 - year Standard Repayment Plan.

When you apply, you'll be asked to provide income information that will be used to determine your eligibility for the PAYE or IBR plans and to calculate your monthly payment amount under all income - driven repayment plans.

The chart below shows how payment amounts are determined under each income - driven plan.

Under the new bill, the standard deduction — the amount taxpayers can subtract from their taxable income without listing, or itemizing, deductions on their tax returns — will rise to $ 12,000 for individuals and $ 24,000 for married couples.

Even so, there is an inconsistency in the Estimates since benefits under the Guaranteed Income Supplement are classified as spending even though the eligibility and amount of the benefit are determined through the Income Tax system.

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.

Under any income - driven repayment plan, it is possible for monthly payments to be less than the amount of monthly interest that is accruing.

• You are serving in a medical or dental internship or residency program and meet requirements • The total amount you owe each month is 20 % or more of your total monthly gross income, for up to three years • You are serving in an AmeriCorps position for which you received a national service award • You are performing teaching service that would qualify you for teacher loan forgiveness • You qualify for partial repayment of your loans under the U.S. Department of Defense Student Loan Repayment Program • You are a member of the National Guard and have been activated by a governor, but you are not eligible for military deferment

A hybrid dividend is an amount received from a CFC for which a deduction would be allowed under this provision and for which the specified 10 % - owned foreign corporation received a deduction (or other tax benefit) from any income, war profits, and excess profits taxes imposed by a foreign country.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

(Under the current system, which stipulates that teams share equally in all national and international television revenue, there's a considerable disparity in local TV income, with large - market teams, such as the Los Angeles Lakers and the New York Knicks, receiving amounts that dwarf those earned by teams in smaller cities, such as the Utah Jazz and the Vancouver Grizzlies.)

At an annual cost of $ 410 million, the Family Tax Relief Rebate provides $ 350 to households with children under age 17 and annual income between $ 40,000 and $ 300,000; the Property Tax Freeze Rebate provides an amount equal to the annual increase in property taxes to homeowners earning less than $ 500,000 in tax cap - compliant local governments and school districts and costs $ 783 million annually.

This amounts to reversing the tax give - aways under the Tory policy of austerity, which was fundamentally a transfer of incomes from workers and the poor to big business and the rich and is also entirely appropriate.

The average amount of real estate taxes claimed by Long Island filers with adjusted gross incomes under $ 200,000 was nearly $ 10,000 in 2015, an analysis of IRS tax data shows.

Increased Retiree Health Insurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health insuIncome - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health insuincome retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health insurance.

Under the Executive Budget proposal, homeowners with incomes under $ 250,000 would receive a credit of up to 50 percent of the amount that property taxes exceed 6 percent of inUnder the Executive Budget proposal, homeowners with incomes under $ 250,000 would receive a credit of up to 50 percent of the amount that property taxes exceed 6 percent of inunder $ 250,000 would receive a credit of up to 50 percent of the amount that property taxes exceed 6 percent of income.

Silberstein said that, under congressional rules, the payment to Racalto appears to exceed the $ 25,000 annual limit on the amount of outside income senior congressional staff members can earn for political work.

The premiums under Quebec's partially - subsidized public drug plan can amount to more than three per cent of a $ 40,000 household income, but only 1.6 per cent for households with an $ 80,000 income.

Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.

EIN is certified by HRSD (formerly Human Resources and Development Canada, HRDC) as an educational institution under the Income Tax Act for the purposes of issuing tuition tax receipts for amounts over $ 100 to students 16 years of age and older.

If the allowable tax credit exceeds the taxes otherwise due under this title on the claimant's income, or if there are no taxes due under this title, the taxpayer may carry the amount of the claim not used to offset the taxes under this title forward for not more than five consecutive taxable years» income tax liability.

23,550 — amount in dollars of the annual income eligibility limit for NC Pre-K for a family of four under legislation filed by House Appropriations Chair Justin Burr (N.C. General Assembly, House Bill 395)

It was then easier for him to push a formula under which each school district received the same per - pupil amount, with a large added sum for low - income kids, non-English speakers and foster kids.

Given the relatively low voucher amount, private schools may be under - resourced considering the background of their incoming voucher students.

Under the GOP tax overhaul, starting in 2018, you'll have a lot less leeway using deductions to reduce the amount of income that's subject to tax.