Sentences with phrase «on filing status»

Keep in mind, there are additional contribution limitations on Roth IRAs, depending on your filing status and modified adjusted gross income or MAGI.
Finally, there are limits on how much you can deduct if your income is over a certain amount depending on your filing status:
Keep in mind that while 2010's tax brackets are the same as 2009's, where you fall depends on both your filing status and your taxable income, so your bracket might be different this year if your situation has changed.
(Depending on your filing status.)
Depending on your filing status and yearly income, you may not be required by law to file a return with the IRS.
The standard deduction to reduce your taxable income will be based on your filing status and changes from year to year, depending on inflation.
This amount (called the «base amount») depends on your filing status, but you don't just add all of your income together and compare it to the base amount (no, it couldn't be that simple).
Also, some states have different tax rates depending on your filing status, whether you are single or married.
Federal law determines the amount of these deductions each year and bases the amount you can claim on your filing status.
The amount of your standard deduction depends on the filing status you qualify for.
The tax rate schedules are groupings of the tax brackets and are based on filing status.
We will apply all of the correct rates and amounts based on your filing status.
The 2017 federal tax tables are based on your filing status and number of dependents for the 2017 calendar year.
As noted above, the standard tax deduction is based on your filing status (including single, married filing separately, married filing jointly, or head of household).
The rates range from 2.907 % to 3.648 % depending on filing status and income.
A taxpayer that isn't a dependent of any other taxpayer gets a standard deduction in a fixed amount, depending on filing status.
The minimum income levels based on filing status and age are listed in the table below:
The amount of the credit steps down at various income levels depending on your filing status.
Once you calculate your adjusted minimum taxable income, Form 6251 allows you to claim an AMT exemption that is based on your filing status.
At 70 1/2 years and older, you can not make any more contributions to your traditional IRA, and depending on your filing status and income, you may not be allowed to make any more contributions to your Roth account.
You can donate your car without itemizing, but you can't claim a deduction for your car and take the standard deduction, a set amount based on your filing status.
The credit depends on your filing status and starts to reduce when your income is $ 55,000 for married couples filing separately, $ 110,000 for married couples filing jointly, and $ 75,000 for single, head of household and qualifying windows or widowers.
The applicable maximum AGI depends on your filing status and the number of qualifying children.
The amount you have to pay is based on your filing status and the amount of your taxable income, which includes wages, self - employment income, interest, dividends and other taxable income.
Form 1040 prompts tax filers for information on their filing status and number of dependents.
Click the link below to see how each of these potential tax scenarios may affect you depending on your filing status, income level, household size, and family situation.
In order to make a contribution, your AGI must be below a certain threshold that depends on your filing status.
There is a phaseout on Roth IRA contributions, based on your filing status and modified adjusted gross income (MAGI).
There are income limits for this credit, depending on your filing status.
The amount of your standard tax deduction is based on your filing status and it is subtracted from your AGI (adjusted gross income).
And if you have a retirement plan at work, the deduction may be reduced or phased out until it is eliminated, depending on your filing status and income.
In 2012, eligible lower - income taxpayers can claim a nonrefundable tax credit for the applicable percentage (50 %, 20 %, or 10 % depending on filing status and AGI) of up to $ 2,000 of his or her qualified retirement savings contributions as outlined in the Saver's Credit chart.
The amount the IRS can garnish depends on your filing status, including the number of dependents you have and the amount deductions you have.
Your standard deduction is a fixed dollar amount based on your filing status plus some specific adjustments.
The amount for which you may be eligible depends on your filing status and the number of qualifying dependents.
Your standard deduction amount is based on your filing status and is subtracted from your AGI (adjusted gross income).
The maximum amount you can claim ranges from $ 3,750 to $ 7,500 depending on your filing status.
Here are the filing requirements for this tax year based on your filing status.
However, this also depends on your filing status.
It affects your tax when adjusted gross income exceeds a dollar amount that depends on your filing status:
It affects your tax when you have adjusted gross income above a dollar amount that depends on your filing status:
See the table link above to determine what the IRS will leave you with based on your filing status, exemptions, and frequency of pay.
The amount of Social Security benefits that are taxed depends on your filing status and total income.
Your disability benefits may be taxable, depending on your filing status and the amount and type of other income you receive.
The amount of the standard deduction varies depending on your filing status.
The amounts are based on your filing status — single or married filing jointly and the number of taxpayer's qualifying children.
Allowances are determined based on filing status, marital status, amount of dependents and available credits.
This publication will show you what will be withheld based on your filing status, income, and number of allowances (exemptions) claimed.
These amounts vary depending on your filing status
According to the IRS Web site, for 2008 the exemption amounts for figuring the AMT have increased, and this amount depends on your filing status.
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