Sentences with phrase «maximum federal tax deduction»
The Chrysler Pacifica Plug - in hybrid qualifies for the maximum federal tax deduction of $ 7,500.
http://bestride.com/ Not exact matches
The Republican bill added a new $ 10,000 maximum for all state and local tax deductions, effectively raising taxes on wealthy people in those states and reducing a key federal subsidy that makes it easier for states to charge high taxes on rich residents.
With a 529 you pay no federal taxes on the investment earnings and many states also allow income tax deductions up to a maximum contribution amount.
On their joint federal tax return, they claimed the maximum deduction of $ 2,500.