Sentences with phrase «joint income of»

Under the new law, what matters is the joint income of the two parents as well as the total parenting time.

The average top - quintile family in Alberta earns a joint income of $ 233,800; the average top - quintile family in PEI makes only $ 136,300.

So, even if only one spouse has loans, the joint income of the marriage will inevitably be going to pay them off.

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.

Just as a reminder an accredited investor is an individual who earns an income of more than $ 200,000 per year for at least the last two years (or a joint income of $ 300,000) or has a net worth of at least one million dollars.

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

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

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.

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.

Not exact matches

Joint filers with an income of $ 38,600 or less and single filers with incomes under $ 15,300 would not pay taxes.

According to Congress's Joint Committee on Taxation, the Tax Cuts act, signed in December, will decrease expected revenues by a total of $ 1 trillion over the next 10 years, an average of $ 100 billion annually, even after any boost to growth and incomes from lower taxes.

The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.

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.

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.

Bizarrely, the authors ultimately abandoned support for the notion because of feminist concerns that joint filing would force wives to reveal their full incomes to their husbands and threaten the «economic autonomy of married women.»

Key Facts: Joint filer with a Schedule C business has a standard deduction of $ 24,000 Business gross income of $ 130,000 Business expenses of $ 30,000 Net profit from business $ 100,000 (qualified business income) Spouse works and makes $ 70,000 Above - the - line deductions of $ 7,500 for deductible portion of self - employment tax and $ 20,000 for SEP IRA contribution Analysis: Taxable income before application of pass - through deduction = $ 118,500 In this case, the taxable income of $ 118,500 is greater than the qualified business income of $ 100,000.

A striking 46 percent of renters ages 25 to 34 — the core of the millennial population — spend more than 30 percent of their incomes on rent, up from 40 percent a decade earlier, according to a report by Harvard University's Joint Center of Housing Studies.

Although Sanders and his wife's joint tax return showed income of only a little more than $ 200,000 for 2014 — including his $ 174,000 salary, his mayoral pension, and their Social Security payments — the senator's expected retirement benefits make his situation much more comparable to those in the millionaire class he faults.

According to a 2010 report by the Joint Committee on Taxation, the official scorekeeper for Congress, about 3 percent of people who report business income would face a tax increase under Obama's plan.

This document also contains proposed regulations that, to reflect current law, amend the regulations relating to the surviving spouse and head of household filing statuses, the tax tables for individuals, the child and dependent care credit, the earned income credit, the standard deduction, joint tax returns, and taxpayer identification numbers for children placed for adoption.

2017's maximum Earned Income Tax Credit for singles, heads of households, and joint filers is $ 510, if the filer has no children (Table 9).

In determining a taxpayer's eligibility to claim a dependency exemption, these proposed regulations change the IRS's position regarding the adjusted gross income of a taxpayer filing a joint return for purposes of the tiebreaker rules and the source of support of certain payments that originated as governmental payments.

But homeowners may exclude from taxable income up to $ 250,000 ($ 500,000 for joint filers) of capital gains on the sale of their home if they satisfy certain criteria: they must have maintained the home as their principal residence in two out of the preceding five years, and they generally may not have claimed the capital gains exclusion for the sale of another home during the previous two years.

With this guaranteed stream of income in retirement, 2 you (and your spouse, if you choose a joint annuity) have the assurance of knowing that some of your income is secure.

A Delaware income tax return must be filed by any Delaware resident with a Delaware adjusted gross income (AGI) of $ 9,400 or more for single filers or married persons filing separately or $ 15,450 or more for joint filers.

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.

The deduction is also available to taxpayers below the age of 65 but it phases out for filers with income over $ 50,000 (for single filers) or $ 75,000 (for joint filers).

For joint filers or heads of household, the exemption is $ 3,200 up to $ 150,000 in income, $ 1,600 from $ 150,000 to $ 175,000, $ 800 up to $ 200,000 and zero beyond that.

For example, if you expect $ 48,000 in taxable income (before tapping your investment accounts), you could target a marginal rate of 12 %, the rate for joint filers in 2018.

In this capacity he held a number of senior roles including Deutsche Bank's Joint Head of Global Markets in Australia, Head of Global Foreign Proprietary Risk in London, and Head of Fixed Income in Australia.

For 2018 full deductibility of a contribution is available to active participants whose 2018 Modified Adjusted Gross Income (MAGI) is $ 101,000 or less (joint) and $ 63,000 or less (single); partial deductibility for MAGI up to $ 121,000 (joint) and $ 73,000 (single).

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.

The sum of the basic and child credits was reduced by 5 percent of the tax filer's adjusted gross income over $ 75,000 ($ 150,000 for joint filers).

Most tax filers received a basic credit of $ 600 — or $ 1,200 for joint filers — up to their income tax liability before subtraction of child and earned income credits.

In higher tax brackets, the earned income credit won't apply, anyway, but some of those other deductions could be highly beneficial for joint married filers as deductions play a role in reducing your overall annual earnings, also known as your adjusted gross income, or AGI.

Accredited investors are those individuals whose net worth (or joint net worth with a spouse) exceeds $ 1 million, excluding primary residence; or those who had an income of over $ 200,000 ($ 300,000 with a spouse) in each of the last two years.

For joint filers with combined income below $ 32,000, none of your Social Security is taxed.

Even that $ 575 in monthly income is likely too generous, as a large segment of the public does not even know such a thing as an immediate annuity offering joint and survivor benefits exists.

For 2017, the amount of your student loan interest deduction is gradually reduced if your modified adjusted gross income is between $ 65,000 and $ 80,000 ($ 135,000 and $ 165,000 if you file a joint return).

For a traditional IRA, full deductibility of a contribution for 2017 for those who participate in an employer - sponsored retirement savings plan is available for those who are married and whose 2017 modified adjusted gross income (MAGI) is $ 99,000 or less, or for those who are single and whose 2017 MAGI is $ 62,000 or less, with partial deductibility for MAGI up to $ 119,000 (joint) or $ 72,000 (single).

The official tax scorekeeper, the Joint Committee on Taxation, recently published estimates of average income tax rates by income group for 2018, which are presented in the table below.

Generally speaking, joint market action in Treasury yields, credit spreads, commodities, and market internals provide the earliest signal of potential economic strains, followed by the new orders and production components of regional purchasing managers indices and Fed surveys, followed by real sales, followed by real production, followed by real income, followed by new claims for unemployment, and confirmed much later by payroll employment.

They show that uncontrolled joint development agreements were not relevant to the question of whether to include stock option costs in QCSAs because clear reflection of income for high - profit intangibles can not succeed if it relies on uncontrolled party data.

An individual who is physically or mentally incapable of self - care, lived with you for more than half of the year, and either: (i) is your dependent; or (ii) could have been your dependent except that he or she has gross income that equals or exceeds the exemption amount, or files a joint return, or you (or your spouse, if filing jointly) could have been claimed as a dependent on another taxpayer's 2015 return.»

If half of your benefits plus your other income exceed $ 25,000 ($ 32,000 if married, filing a joint return), then 50 percent of your Social Security benefits are taxable.

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.»

By selling existing income generating assets to the joint venture, a part of the originally - invested capital will be freed up and reinvested in the project pipeline.

But if you file a joint tax return, your combined earned income of $ 300,000 is $ 50,000 above the married filing jointly threshold.

Profits from Chinese operations, including joint ventures, accounted for about 20 percent of GM's global net income of $ 9.7 billion in 2015.

Also, the claimant must have total income under $ 56,000 as a single filers, $ 70,000 as a head of household or $ 84,000 for joint filers.