Sentences with phrase «n't be subject to the penalty»

In other words, if you miss a payment by a day or two, you won't be subject to the penalty.

American's April 10 newspaper advertisement states that all tickets will be subject to a penalty of $ 25 if the passenger wishes to change his or her routing.In addition, First Class and full - fare coach tickets will incur a $ 25 penalty if the passenger wishes to cancel and obtain a refund.Since First Class and full - fare coach tickets have generally not been subject to penalties in the past, we would like to remind you of the requirements of 14 CFR 253.7 of our regulations.

You will be subject to the 10 % early withdrawal penalty in your IRA but would not be subject to this penalty on an Inherited IRA.

A booking is cancelled by the guest five (5) working days (Excluding Saturday, Sunday and Public holidays) prior to the date of arrival shall not be subject to any penalties.

Your friend MAY have an argument that he could move out and not be subject to penalty for breaking the lease because the payment terms changed.

If you delay Medicare Part B enrollment because of coverage under a current employer (either your own or your spouse's), you can qualify for a Special Enrollment Period when this group coverage ends and will not be subject to the penalty.

In other words, as long as you have minimum essential coverage in place, you're not subject to the ACA's individual mandate penalty (even if you don't have minimum essential coverage, you won't be subject to the penalty if you qualify for an exemption, but that's not the same as having minimum essential coverage).

Not exact matches

For those 65 and older, non-qualified distributions are subject to income tax, but not the penalty tax.

If you haven't filed a 2014 return and owe taxes (as opposed to being owed a refund), you could be subject to the failure - to - file penalty, which could cost 5 percent of your unpaid tax bill each month it goes unpaid after the April deadline, and potentially up to 25 percent.

Additionally, members of the public are not required to respond to a collection of information, nor be subject to a penalty for failing to respond, unless such collection displays a valid OMB control number.

Distributions received before you're age 59 1/2 may not be subject to the 10 % federal penalty tax if they're:

«He didn't disclose it and, if the omission was intentional, he could be subject to civil or criminal penalties,» Potter said.

The principal isn't subject to taxes or penalties, but keep in mind that 529 account owners can't withdraw only principal, Boswell said.

Withdrawals of earnings from a Roth IRA before age 59 1/2 may not be subject to the 10 % federal penalty tax (or any other taxes) if the IRA has been held for at least 5 years and one of the following applies:

You will have to offer health insurance coverage for your employees, whereby the employee portion of the premium does not equal more than 9.5 % of their wages, or you can be subject to a per employee penalty on all employees above 30.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

However, on Thursday, US Trade Representative Robert Lighthizer told a Senate committee that the EU, Argentina, Brazil, South Korea and Australia will not be subject to the trade penalties once they take effect Friday.

However, if you don't have the cash to make up for the 20 % withheld, the IRS will consider that 20 % as a distribution, making it subject to taxes and a possible 10 % early withdrawal penalty if you are under age 59 1/2.

If your distribution isn't qualified — for example, if you receive a payout before the five - year waiting period has elapsed — the portion of your distribution that represents an investment on those earnings will be taxable and will also be subject to a 10 percent early distribution penalty if you're under the age of 59.5.

Earnings not used for qualified expenses will not only be subject to income tax, but also generally hit with an extra 10 percent penalty.

Chung proposed that officials who will provide false or misleading information will be subjected to not only a penalty but also disciplinary action.

Any person who breaches the Act, the regulations, a term or condition of a licence, or an order or direction of the Minister, is guilty of an offence (s 7) subject to a penalty of not more than $ 10 million (in the case of a corporation) or $ 1 million (in the case of an individual), for each day or part thereof that the offence is committed.

One of the mysteries surrounding the upcoming presidential inauguration is that of why the various celebrities who have refused to perform for the Commander in Chief have not been subject to the same brutal legal and financial penalties as those humble small business owners who have declined to bake cakes for gay weddings.

The reason for churches and governments to stop being absolute is not because they are human and not gods, but because God became human, humble, vulnerable, fallible and subject to penalty for the world's defects.

Rather, you are subject to the penalty of death — it has not only been imposed but it is deserved; you are guilty beyond your power to expiate; and yet you are, in Christ, forgiven.

Most people don't subscribe to the idea that all transgressions are equal and all subject to the severest penalty.

This is not just a logical nicety but an important protection of the freedom of association — a freedom that has been safeguarded in decisions like NAACP v. Alabama (357 U.S. 449, 1958), which held that a state may not compel a voluntary association of citizens to turn over its list of members because that might subject them to governmental penalties.

(1) Knowingly sells or labels a product as organic, except in accordance with the Act, shall be subject to a civil penalty of not more than the amount specified in 3.91 (b)(1)(xxxvii) of this title» per violation.

Under this proposal, companies that don't properly label genetically modified items will be subject to penalties pertaining to misbranding.

Recipients will be subject to a $ 50 penalty for not returning loaned product to the original Share the Love host site by the date specified in the lending agreement or by a child's third birthday.

It notes that most people left uninsured will not be subject to the individual mandate, and will not have to pay a penalty.

While straight fentanyl is already on the state list as a Schedule II controlled substance, dealers change the chemical compound in labs to make a different analog not subjected to the same criminal penalties, which could sometimes be more potent.

In the case of any failure by a taxpayer to timely pay any penalty imposed by this section, such taxpayer shall not be subject to any criminal prosecution or penalty with respect to such failure.

The state constitution does not allow retirement benefits of sitting public officials to be reduced, but they would be subject to the penalty of up to twice the amount they benefited from their crime.

«If someone confronts a guilty plea that would automatically subject them to a harsh immigration penalty and there's another possible plea that would hold them accountable and ensure public safety, justice demands they be given the one that doesn't have immigration consequences.»

While I endorse this article's opinions and am opposed to the death penalty, I must disagree with the editors» statement that «scientific protocols for executions can not be established, because killing animal subjects for no reason other than to see what kills them best would clearly be unethical.»

The prohibitions extended not only to dirty playing — blocks from behind, late hits, elbows to the face, all of which were subject to penalties and instant benching — but also to any kind of showboating.

Previously, districts had strong incentives to resist high proficiency standards, as they feared their schools might be subject to increasingly severe penalties for not producing improved test results.

Penalty for False Information Any person, including any District of Columbia public school or public charter school official, who knowingly supplies false information to a public official shall be subject to payment of fine of not more than $ 500, or imprisonment for not more than 90 days, or any combination thereof.

footnote ** IRA distributions received before you're age 59 1/2 may not be subject to the 10 % federal penalty tax if the distribution is due to your disability or death; is distributed by a reservist who was ordered or called to active duty after September 11, 2001, for more than 179 days; or is for a first - time home purchase (lifetime maximum: $ 10,000), postsecondary education expenses, substantially equal periodic payments taken under IRS guidelines, certain unreimbursed medical expenses, an IRS levy on the IRA, or health insurance premiums (after you've received at least 12 consecutive weeks of unemployment compensation).

«If you can not repay the loan 60 days after losing your job, it will become fully taxable and may be subject to a 10 % early withdrawal penalty,» says Carlos Dias Jr., wealth manager, Excel Tax & Wealth Group, Lake Mary, Fla..

Promo purchases on existing accounts may not receive full benefit of promo terms, including reduced APR if applicable, if account is subject to Penalty APR..

If the purpose of the withdrawal is not for qualified educational expenses, the earnings portion of the withdrawal will be subject to state and federal income tax, as well as an additional 10 % penalty.

Rollover to a Traditional IRA Any pre-tax retirement savings that is rolled over to a Traditional IRA is not subject to income taxes, nor does it trigger tax penalties for an early withdrawal.

* If you make the full - year contribution for a year in which your HDHP takes effect later than January 1st, you may be subject to an IRS Testing Period and could owe tax and a penalty on part of that contribution if you do not remain an eligible individual through December 31st the following year.

If they don't, the loan amount is considered a distribution, subjected to income tax and a 10 % penalty if the borrower is under 59 and a half.

As with all hypotheticals, this example does not represent the performance of any specific investment and the earnings would be subject to taxation upon withdrawal at then - current rates and subject to penalties for early withdrawal.

However, if funds are withdrawn and not used for qualified education expenses, the earnings will be taxed and will be subject to a 10 % penalty.

You don't want to go over the limit either; excess contributions to any IRA are subject to a tax penalty.

(For withdrawals not used for qualified education expenses, earnings are subject to income tax and a 10 % federal penalty.)