Sentences with phrase «joint income»

What was your annual joint income for the past three years and what did you earn?

The state guidelines apply only to families whose joint incomes are less than $ 150,000.

If you apply jointly, the larger joint income allows you to qualify for all three mortgages, including the 15 - year.

Today, an accredited investor in the United States must generally have an annual income of $ 200,000, joint income of $ 300,000 or net worth of $ 1 million, which represents only about 10 % of US households.

Tax Benefits Filing joint income tax returns with the IRS and state taxing authorities.

The income test can not be satisfied by showing one year of an individual's income and the next two years of joint income with a spouse.

Under IBR, borrowers who file joint income tax returns with their spouses have payments generally determined by the income of the two spouses.

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).

A married taxpayer who does not participate in an employer - sponsored plan, but whose spouse does, may contribute the maximum statutory amount to an IRA, provided the couple's joint income does not exceed $ 186,000.

Net contributions by a taxpayer who does not claim the Minnesota tax credit for contributions are deductible for Minnesota income tax purposes each year up to $ 3,000 for joint income tax return filers and $ 1,500 for all other filers.

He also ran into the new Net Investment Income Tax (3.8 percent) and new Medicare tax (0.9 percent) on joint incomes over $ 250,000, passed to help fund the Affordable Care Act.

Adopted in March 2009, as the recession worsened, it slapped an extra one percent levy on joint incomes above $ 300,000 and brought in more than $ 3 billion in additional revenue.

GIS is currently available to Canadians earning less than $ 17,784 per year, and for couples with joint incomes under $ 23,520 (if your spouse / common - law partner receives the full Old Age Security pension).

The Automatic Millionaire starts with the powerful story of an average American couple — he's a low - level manager, she's a beautician — whose joint income never exceeds $ 55,000 a year, yet who somehow manage to own two homes debt - free, put two kids through college, and retire at 55 with more than $ 1 million in savings.

They reach the highest premium level when joint income is above $ 428,000.

we both have very successful careers and have had a very nice joint income for 10 + years.

Today, an accredited investor in the United States must generally have an annual income of $ 200,000, joint income of $ 300,000 or net worth of $ 1 million, which represents only about 10 % of US households.

Joint income with spouse exceeding $ 300K for each of the past two years with a reasonable expectation that the $ 300K threshold will be reached in the current year.

Tax Benefits --- Filing joint income tax returns with the IRS and state taxing authorities.

This is what you get when you are «Married»: Tax Benefits --- Filing joint income tax returns with the IRS and state taxing authorities.

Certified financial planner and Boomer & Echo blogger Marie Engen agrees low - income seniors who seek only a basic level of retirement income don't have to save; however, she estimates a middle - class retirement ($ 42,000 to $ 72,000 annual joint income) will require a nest egg between $ 250,000 and $ 1 million, which is where most of the CIBC subjects polled seem to be.

The maximum allowed deduction is $ 3,000 for joint income tax return filers, and $ 1,500 for all other filers.

In Ontario, that means investors must have a joint income of $ 300,000, investable assets of $ 1 million, or be willing to make a minimum investment of $ 150,000.

It can also help you out if you've got a lot of medical expenses to deduct but your joint income is too high to allow you to write them off.

In the United States, this means that the investor must have an annual individual income of $ 200,000 or a joint income of $ 300,000 for the last three years, a net worth of $ 1 million, or a managerial or ownership stake in the securities» issuer.

Take advantage of «age - based» options: For example, tax regulations allow non-working spouses to establish IRA accounts as long as their spouses have earned income, a joint return is filed and the joint income does not exceed $ 190,000.

An accredited investor is defined as «any natural person whose individual net worth, or joint net worth with that person's spouse, at the time of their purchase exceeds $ 1,000,000» or «any natural person who had an individual income in excess of $ 200,000 in each of the two most recent years or joint income with that person's spouse in excess of $ 300,000 in each of those years and who reasonably expects to reach the same income level in the current year.»

When married student loan borrowers file taxes jointly with their spouse, the loan servicer will consider the couple's joint income (and joint federal student loan debt) under all of the income - driven plans.

In contrast, under the REPAYE plan, the servicer will consider the joint income of married couples regardless of tax filing status.

Non-accredited investors were not allowed to invest in startups and to be an accredited investor, a person must demonstrate an annual income of $ 200,000, or $ 300,000 for joint income, for the last two years with expectation of earning the same or higher income, or had a net worth of over a million dollars.

The rights they are missing are: Tax Benefits --- Filing joint income tax returns with the I R S and state taxing authorities.

Tax Benefits --- Filing joint income tax returns with the I R S and state taxing authorities.

In the case of joint custody, the amount of child support each pays is normally calculated by the court considering the percentage each parent contributes to the couple's joint income and the percentage of time each parent has physical custody of the children.

A joint income of # 50k is enough to survive on, that's for sure, but in these economically strained times it's a long way from being comfortably well - off.

The government is expanding its childcare offer to struggling parents — but will continue to help those with a joint income of # 300,000, too.

The coalition is trumpeting its childcare support package, but campaigners have expressed bafflement that couples with a joint income of # 299,999 will benefit.

Government expands its childcare offer to struggling parents — but will continue to help those with a joint income of # 300,000, too

Those who took part in training would receive a means - tested «youth allowance» if their parents» joint income were below # 42,000 a year.

Lt. Gov. Kathy Hochul, who filed jointly with her husband, former U.S. Attorney Bill Hochul, declared a joint income of $ 367,911.

One exhibit submitted to the court shows the companies paid $ 21,500 to Meghan Ortt over a number of years which were reported on the couple's joint income tax returns.

But the policy has faced criticism for excluding couples where one parent does not work and being available to high - earning households with a joint income of up to # 300,000.

When a family gets off the waiting list for a home, members pay up to 30 % of their joint income on housing and the rest is paid — up to the fair market rate — by HUD.

When a family gets off the waiting list for a home, members pay up to 30 % of their joint income on housing and the rest is paid — up to the fair...

To be an accredited investor, a person must demonstrate an annual income of $ 200,000, or $ 300,000 for joint income, for the last two years with the expectation of earning the same or higher income.

Another concern for couples that both work is whether the other spouse's income impacts their ability to collect benefits especially when a couple files a joint return and the joint income exceeds the $ 14,640 earnings limit.