Sentences with phrase «income under this test»

Social security and child support are included as income under this test.

Not exact matches

There is a second test under the legislation that establishes a ratio of wage income and business income based on level of capital investment that some industries, such as doctors, accountants, lawyers, are required to use this second test.

In particular, the government wants to review the personal services income benchmarks and tests that allow contractors to pay the 30 per cent company tax rate only under strict conditions.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

Assist low income homeowners with housing repairs who have children 6 and under who have tested to have high levels of lead.

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.

But civil - rights advocates have recognized that shining light on disparities of result, such as the requirement that test data be disaggregated by racial and income groups under NCLB, is an important first step to reform.

Notably, more low - income students gained access to government aid under gratuidad because the program does not require students to meet a test - score cutoff, unlike the system of grants and loans it partially replaced.

President Bush put forward a fresh round of education proposals last week, calling for all states to test 12th graders under the National Assessment of Educational Progress and outlining a grant program that would encourage low - income students to study mathematics or science in college.

Many educators at public schools have made identical complaints to Paige and Congress about No Child Left Behind, under which schools can face sanctions even if a subgroup of students, such as low - income or special - education students, do poorly on annual tests.

Under the law, students in all schools are tested, but the only schools and districts subject to penalties are those that receive federal Title I funding, awarded to schools with large numbers of low - income students.

• Lincoln Elementary, a school with a large percentage of low - income students, was flagged this year as a low - performing «focus» school under the state's new accountability system based on state test scores.

School meals for infant pupils will be means tested again, under the Conservative proposals, with those on low incomes not having to pay.

Under the funding formula, school funding will be directed by Test 2, which provides what schools got last year with adjustments for attendance and the growth in per capita personal income, which is expected to remain steady next year at 4 percent.

The debtor should not have been required by a lower court to enroll in a futile 25 year income - based repayment plan, where her future efforts to repay would be counted toward a showing of good faith under the third prong of the Brunner test, according to the appeals court.

For a single filer in Texas filing bankruptcy after November 1, 2016, their income must be less than $ 46,127 or they will have to analyze their disposable income under the means test.

However, if your income is above the median, your income and expenses will be evaluated under the means test.

You can have an unlimited amount of income other than earnings without a reduction in benefits under the earnings test.

Under the new rules, you must take a «bankruptcy means test,» which compares your income with the median income of a family the same size in your state.

Although low - and most middle - income families will be better off under the new Canada Child Bene t program, higher - income families will often receive less, or even no benefits at all, as the new program is income - tested.

Unlike payments under the UCCB, amounts received under the Canada Child Benefit are not taxable or included in income for the purpose of other federal income - tested benefits.

Moreover, in this line of cases, there already had been a decision that adopts a two - part test for bona fide tax - exempt nonprofit credit counseling agencies, requiring such agencies to: (1) be recognized by the IRS as being exempt from federal income taxation under section 501 (c)(3) of the Internal Revenue Code; and (2) actually operate as a bona fide nonprofit organization.

For purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means test.

If you started your account - based pension before 1 January 2015, and were already receiving a Centrelink pension or allowance, then only part of your pension income will be assessed under the income test.

A Government Work Bonus means that your employment income is treated at a concessionary rate under the income test.

Households earning under # 16,190, or on income - related benefits, could get cash to help with sending their kids to school as well as free prescriptions, eye tests and dentist fees.

However, the proceeds will be deemed under the income test.

But the creditor must apply these tests fairly, impartially, and without discriminating against you on any of the following grounds: age, gender, marital status, race, color, religion, national origin, because you receive public income such as veterans benefits, welfare or Social Security, or because you exercise your rights under Federal credit laws such as filing a billing error notice with a creditor.

Under the new bankruptcy means test, if a debtor's income is in excess of certain thresholds, the debtor may not be eligible for Chapter 7 relief, and instead be forced to file for a Chapter 13 bankruptcy.

We include any deemed income as your income under the income test.

Part of the income you get each financial year will be assessed under the income test.

There could be a means test to apply some tax rate for high income earners, as there is now on OAS, but people who earn under $ 75,000 per year, for example, would pay no taxes on CPP and OAS benefits.

It is assumed you are eligible for the age pension if you qualify under the assets test and income test applied by the Department of Human Services.

If you anticipate consistently earning under $ 35,000 annually, the TFSA makes the most sense because it won't result in the clawback of income - tested benefits in retirement — like Old Age Security (OAS) and the Guaranteed Income Supplement income - tested benefits in retirement — like Old Age Security (OAS) and the Guaranteed Income Supplement Income Supplement (GIS).

Under this test, your income will be evaluated against certain allowable living expenses (determined by the IRS), such as rent and food, which will provide your available «disposable income.»

If your child is not a qualifying child because he or she does not meet the age / student test or the residence test, you may still be able to claim an exemption for the child as your qualifying relative, but only if he or she has gross income under $ 4,050 (not including Social Security benefits) for 2017, and you provide more than half of his or her support.

If you're under age pension age, your superannuation investments don't count in the income and assets tests.

While their income history would be considered in making the initial «means test» calculations, they would be able to show that they now have less income and higher living expenses in the future to justify a general discharge under Chapter 7.

In basic terms, the Standards of Living Test calculates each household's net income and deducts any amount that would fall under the considerations in Section 10 or equivalent considerations.

The test for imputing income for intentional under - employment or unemployment is one of reasonableness, having regard to these factors: Marquez at para. 37.

Do I have to include my spouse's income for means testing if I file an individual bankruptcy while my spouse and I are living separate and apart under same roof?

on Do I have to include my spouse's income for means testing if I file an individual bankruptcy while my spouse and I are living separate and apart under same roof?

The test for unlawful conduct under the Proceeds of Crime Act 2002 (PCA 2002), Pt 5, is whether it is more probable than not that a person alleged to have committed fraud or money laundering has obtained the property in issue through the unlawful conduct alleged; it is not sufficient solely to establish a lifestyle inconsistent with any identified lawful income.

«Let's test the marketplace and see if it moves the needle» on lowering costs to about $ 50 per month and insuring more low - income drivers under 133 percent of the federal poverty level.

Tested application behavior under various interruptions: battery strength level (full / medium / low), incoming calls, SMS, video calls

Assessment of Means of a Single / Separated / civil partner who is not living with the other civil partner of the civil partnership Carer The first 332.50 weekly income enjoyed by a single carer is not assessed under the means test.

(1B) However, the court must not make an order under subsection (1A) that allows any entitlement of a child or another person to an income tested pension, allowance or benefit, to affect the duty of that child's parents to maintain the child.

(4A) The approval, after the commencement of this subsection, of a maintenance agreement under this section does not exclude or limit the power of a court having jurisdiction under this Act to make an order in relation to the maintenance of a party to the relevant marriage if the court is satisfied that, at the time the agreement was approved, the circumstances of the party were such that, taking into account the terms and effect of the agreement, the party would have been unable to support himself or herself without an income tested pension, allowance or benefit.

There's an income test under Title IV - E still for foster care maintenance payments.

Under the test, a building is generally a qualified low - income building if at least 20 percent of the units are both rent restricted and are occupied by tenants whose income is less than or equal to 50 percent of area median gross income.