Sentences with phrase «lines of additional income»

Not exact matches

If you regularly owe taxes when you file your return, or if you have other income sources or deductions that may affect your tax rate, adding an additional withheld amount on line 6 of your W - 4 may put you in a refund position or keep you from owing too much.

The current A-CESG is such that an additional 20 per cent grant is added if your family net income (the sum of the amounts reported on line 236 of you and your spouse's — if applicable — tax form) is below $ 43,953.

After examining all your sources of income and reviewing your documents, some lenders use your total available credit to determine your credit eligibility when considering additional loans or lines of credit.

Many of these «above - the - line» deductions require that you fill out additional forms to show your deduction calculation, but it's worth the effort to reduce your taxable income.

Additional income sources, such as spousal income, overtime, bonuses, commissions, retirement or savings accounts and a reverse mortgage line of credit.

Jerry's income would rise to $ 301,000, which would cause him to be $ 42,750 over the line, increasing his phaseout of itemized deductions to $ 1,282.50 (an increase of $ 1,000 of income x 3 % phaseout rate = $ 30 of additional phaseout).

Programs may also serve up to an additional 35 % of children from families whose incomes are above the Poverty Guidelines, but below 130 % of the poverty line if the program can ensure that certain conditions described in the Head Start Act have been met.

Programs may also serve up to an additional 35 % of children from families whose incomes are above the Poverty Guidelines, but below 130 % of the poverty line if the program can ensure that certain conditions have been met.

The report says an additional 23 percent live in families with incomes below 200 percent of the poverty line.

These stations provide the opportunity to maximize income through these additional revenue streams and will ultimately impact the bottom line of a community as more and more electric vehicles hit the road.