Sentences with phrase «joint federal income tax»

If you use Filing Status 3 on Form 760 or Form 760PY, or Filing Status 4 on Form 763, and you filed a joint federal income tax return, you must compute your Virginia itemized deductions as if you had filed a separate federal return.

The application says spousal information is not required unless «You file a joint federal income tax return with your spouse and your spouse has eligible loans.»

You and your spouse each have your own annual exclusion amount, even if you file joint federal income tax returns.

This allows non-wage-earning spouses to contribute to their own traditional or Roth IRA, provided the other spouse is working and the couple files a joint federal income tax return.

If you're married and file a joint federal income tax return, your spouse's adjusted gross income is also considered (unless you are separated or unable to obtain your spouse's income information).

Not exact matches

Projects have included senior housing, housing for people with AIDS, middle - income apartments, non - and for - profit joint ventures, and state and federal low - income housing tax credit rental developments.

Through a joint venture with City First Bank, CSDC received a $ 40 million allocation of the federal income tax credits in 2006.

The numbers below illustrate possible tax savings for a joint return of $ 40,000 taxable income using itemized deductions and tax rates of 15 % for Federal and 7.4 % for State.

If you are married and both you and your spouse have student loans, the IBR formula considers you and your spouse's joint federal student loan debt as well as your joint income if you file taxes jointly.

le a joint federal tax return with your spouse, your AGI includes both your income and your spouse's income.

Although only Direct Loans may be repaid under Pay As You Earn, your (and, if you are married and file a joint federal tax return, your spouse's) eligible FFEL Program loans will also be taken into account when determining whether you qualify for Pay As You Earn based on the amount of your federal student loan debt relative to your income.

the first page (both sides) of your most recent federal income tax return Form 1040 (either one joint return or the returns of both parties, if you are filing separately) showing filing status, the signatures and date signed of the employee and spouse (blacking out the financial information).

If a married couple files a joint federal tax return, a total student loan payment amount for the couple will be calculated taking into account both spouses» debt and both spouses» income.

He regularly advises clients on federal income tax matters related to a variety of transactions, including domestic and cross-border mergers, acquisitions, joint ventures and dispositions, as well as the formation and operation of private equity funds, hedge funds and other pooled investment vehicles.

The Joint Committee on Taxation estimates that in 2007, the exclusion resulted in more than $ 246 billion in foregone income and payroll tax revenue to the federal government.

Trump would collapse the current seven tax brackets for individuals to just three: For married joint filers with incomes less than $ 75,000, the federal marginal tax rate would be 12 percent.

Her areas of federal income tax practice include advising on the structuring and unwinding of partnerships and joint ventures; the taxation of partnership operations; REIT tax compliance and due diligence; like - kind exchange planning; and general tax accounting for real estate entities and operations.