Sentences with phrase «number of exemptions allowed»

Exception: If the filing status on your Virginia return is different from the filing status you used on your federal return, the total number of exemptions allowed on both returns will not be the same.

The lower rate for books is one of a limited number of exemptions allowed under the EU's VAT Directive.

Not exact matches

In BC, we have a number of exemptions that allow small businesses to raise capital from their family, friends and communities — in short, to do crowdfunding.

This number, however, represents less than 1 % of the total amount raised under the traditional Rule 506 (b) accredited investor exemption that does not allow advertising.

There are several other pertinent restrictions related to this exemption, such as a prohibition on general solicitation and a cap on the number of unaccredited investors allowed in an offering.

Fortunately, there are a number of exemptions under the Act which will allow these companies to sell their securities to investors without registration, the most popular of which involve «private placements.»

The Court conceded there was a compelling state interest in providing contraception; however, because the ACA has a number of exemptions and accommodations, most notably excusing non-profit religious organizations from the contraception mandate, forcing the plaintiffs to provide contraception coverage was not the least restrictive means to further the compelling interest, i.e. the HHS could have allowed the plaintiffs the same accommodations available for non-profit religious organizations.

This is not a subjective test attempting to measure the «true» value of the law to benefited individuals; rather, it's a more objective test (at least in theory) which simply attempts to measure the number and scope of allowed exemptions from the law.

They increased the number of faith schools, gave millions of pounds in grant funding to religious organisations, appointed «faith advisors» and gave religious organisations greater exemptions from UK non-discrimination laws than European law allows.

It found that most states do not mandate a specific number of minutes of physical education per week, and about half of the states allow exemptions, waivers and / or substitutions for participation in physical education.

You can see in Part IV of Form 2555 - EZ, where you claim the exclusion, that the total amount you're allowed to exclude is prorated based on the number of days in the tax year that you are claiming the exemption for — that is, if you meet the test of physical presence and are in Italy from January to September, the total amount you're eligible to exclude is roughly three - fourths what it would be if you were in Italy for the full year.

You will multiply this amount by the number of exemptions you are allowed to take and enter the total on the second page of your tax return.

Use the federal W - Form and write «For State Purposes» on the front of the form.A SC employee is not allowed to claim a greater number of exemptions for state tax withholding purposes than the exemptions claimed for federal tax withholding purposes.

Allowing the state and local tax deduction and dependent exemptions for AMT purposes would reduce the number of households affected by the AMT from 4.8 million to just 525,000 in 2017.

The taxpayer is allowed the same number ofpersonal exemptions claimed allowed under section 151 of the Code for the taxable year.

If you obtain a hobbyist exemption permit, you may keep more dogs and / or cats than would normally be allowed, but you may not allow more than the number that is otherwise permitted (e.g., no more than three dogs) to remain out - of - doors.

If you have a number of residential properties, can you commit to living in each one for two years prior to selling it to take advantage of the current tax provision that allows a $ 500,000 capital gain exemption (for married couples)?