Sentences with phrase «joint filers at»

Contributions to the Roth IRA phase out completely for single filers at an annual income of $ 133,000, and for joint filers at an annual income of $ 196,000.

Not exact matches

The New York City Employees» Retirement System; the New York City Fire Department Pension Fund; the New York City Teachers» Retirement System; the New York City Police Pension Fund; and the New York Board of Education Retirement System, as joint filers (NYC Retirement System), c / o The City of New York, Officer of the Comptroller, 633 Third Avenue, 31st Floor, New York, New York 10017, which in the aggregate held 12,707,578 shares of common stock on November 15, 2011, the New York State Common Retirement Fund, whose address is the same as that of the NYC Retirement System, which held 19,560,008 shares of common stock on November 22, 2011, and the Illinois State Board of Investment on behalf of the State Employees» Retirement System of Illinois, c / o 180 N. LaSalle Street, Suite 2015, Chicago, Illinois 60601, which in the aggregate held 928,927 shares of common stock on November 18, 2011, the Judges» Retirement System of Illinois and the General Assembly Retirement System of Illinois, as co-filers, intend to submit a resolution to stockholders for approval at the annual meeting.

Tax filers who qualified for less than $ 300 of the full basic credit ($ 600 for joint filers) could get $ 300 ($ 600 for joint filers) if they had either (1) at least $ 3,000 in earnings, Social Security benefits, and veteran's payments or (2) net income tax liability of at least $ 1 and gross income above specified thresholds.

Further tax rate increases, starting at 9 percent and peaking at 24 percent, would kick in at $ 250,000 for joint filers (and $ 200,000 for singles).

For 2018, the adjusted gross income amount that results in the credit phasing out begins at $ 200,000 for single, head of household, or married filing separate filers and $ 400,000 for joint filers.

There are phaseout income limits that apply to «professional services» business owners such as lawyers, doctors, and consultants, which are set at $ 157,500 for single filers and $ 315,000 for pass - through business owners who file a joint return.

Currently, these are set at $ 160,900 for joint filers and $ 120,700 for individuals, but the new law raises these to $ 1 million and $ 500,000, respectively.

Though the actual marginal tax rate brackets remain constant regardless of a person's filing status, the dollar ranges at which income is taxed at each rate can change depending on whether the filer is a single person, married joint filer or head of household filer.

And the phase out of the credit for joint filers starts at higher income levels in 2010, allowing more of them to claim the credit.

It now also covers the cost of books, and begins to phase out at $ 80,000 of Adjusted Gross Income for single filers and $ 160,000 for joint filers.

For 2009 and 2010, Congress gave workers a credit of 6.2 percent of their earned income, capped at $ 400 for single filers and $ 800 for joint filers.

Keep in mind that the deduction is capped at $ 4,000 if you come from a household that makes $ 65,000 ($ 130,000 for joint filers) a year.

The phaseout for the new credit begins at $ 200,000 for single filers and $ 400,000 for joint filers.

If the seller owned and used the home as a main residence for at least two of the past five years before selling it, they can usually exclude up to $ 250,000 ($ 500,000 for joint filers) of the gain from taxable income.

That's $ 51,650 below the level at which joint filers begin paying 39.6 %, but for single filers the difference is only $ 1,650.

For unmarried filers, the contribution limit begins to phase out at $ 114,000 and is completely eliminated at $ 129,000, and for joint filers the contribution limit is eliminated as joint income moves from $ 181,000 to $ 191,000 (figures are for 2014).

Long - term capital gains and qualified dividends are taxed at 15 percent for single filers whose taxable incomes range from $ 38,601 up to $ 425,800, and for married joint filers whose taxable incomes range from $ 77,201 up to $ 479,000.

For 2017, this tax break begins to phase out at $ 117,250 of modified adjusted gross income (MAGI) for married joint filers ($ 78,150 for single taxpayers).

Social Security benefits, as well as most other forms of retirement income, are subject to state taxes, and the top income tax rate is a high 8.95 % (which kicks in at $ 416,500 for single filers and $ 421,900 for joint filers).

Most forms of retirement income are taxable at ordinary income rates, though Social Security benefits are exempt for joint filers with an adjusted gross income of $ 58,000 or less or $ 43,000 for single filers.

If you make more than $ 133,000 as a single filer or more than $ 196,000 as a joint filer, you can't contribute to one at all.

Furthermore, single filers earning more than $ 54,500 a year and joint filers earning more than $ 109,000 aren't eligible for the deduction at all.

You can avoid an underpayment penalty if withholding or estimated payments equal at least 90 % of your tax liability for the current year, or 100 % of your tax liability for the previous year (or 110 % if your income was more than $ 150,000 for singles and married joint filers).

However, if one or both are active participants, tax deductibility for joint filers phases out at a modified adjusted gross income (MAGI) of $ 99,000 to $ 119,000 for a participating spouse and $ 186,000 to $ 196,000 for a nonparticipating spouse in 2017.

In 2012, phase - outs kick in at $ 173,000 for joint filers and $ 110,000 for single filers.

But they will also cap itemized deductions at $ 200,000 for joint filers and $ 100,000 for single filers.

Now it gets more intriguing: To simplify the tax system and wean more taxpayers from itemizing deductions on Schedule A of their returns, the Trump plan would boost the standard deduction for joint filers to $ 30,000 (up from the current $ 12,600) and raise it to $ 15,000 for single filers, instead of $ 6,300 at present.