Sentences with phrase «on income»

These extra premiums are based on your income tax return from two years earlier.

For bond mutual funds specifically, taxes on income depend largely on the types of securities held.

How much you benefit from this will depend on your income tax rates.

For example, there are many married couples who rely on income from pensions.

• prevent the avoidance of tax on income from the insurance of Canadian risks by extending the foreign - affiliate base erosion rules to foreign branches of Canadian life insurers.

You can earn enough income yourself to qualify for personal benefits, or you can claim benefits based on the income of your spouse.

The child care credit provides tax credits based on income levels for employment - related child care expenses up to $ 3,000 for 1 child or $ 6,000 for 2 or more children.

That's why everyone focuses on income tax rates.

This tax credit is applied directly to the income tax that is owing and is not dependent on your income tax bracket.

You make payments based on your income for up to 21 months, and you may lose some of your assets.

Investors often fail to pay enough attention to a company balance sheet and instead focus on the income statement.

For the past several years, it has been set at 15 percent — considerably lower than the tax rates on income earned from employment.

Regarding double taxed income, when filing taxes in multiple states, you usually won't be double - taxed on your resident state return on income earned in a non resident state.

Eligibility for Chapter 7 depends on your «ability to pay,» which is based on your income in the preceding 6 months and the median income in your state.

Nevertheless, there was some consensus that the more forums there were, the better, and the more focus on income inequality the better.

Eligibility to file Chapter 7 is based on your income over the last six months.

By 1989 the proportion of lone parents on Income Support in receipt of child maintenance had fallen to 23 per cent.

This means that the net royalty received minus the author share is what is reported on income statements.

You need to take action on your Federal loans quickly — get on an income driven repayment plan immediately.

I also have a pretty high deduction on my income from the day job, so some of that spills over to pay for taxes on the writing.

Long - term capital gains are taxed at a lower rate, also dependent on income as shown in the table below.

Investing in municipal bonds can have a long - term impact on your income stream and your portfolio.

What if you depend on a higher return on your money and can't live on the income from 4 % interest rates?

The Romanian authorities did not satisfy this requirement, as the Romanian law did not provide for the transfer of data on income to the health insurance funds.

Because if the investment is not a good one, then you will not only lose money on the income side but also on the capital side.

The tendency of many organizations is to shine the spotlight only on income producing activities, such as driving cash received.

Competition, regulation, 90 % taxes on incomes above $ 1 million, strong labor, wage floors and more equitable distribution of income.

It merely tells us who has to pay tax on the income generated by the custodial account.

There is no specific time limit on the income for the book (s).

Experience has a moderate effect on income for this job.

So if you paid $ 30,000 in interest on an income property - related loan, you can reduce your income by that exact amount.

The shareholders are then responsible for paying taxes on this income stream.

If you need to make a claim on your income protection policy, you will have to provide evidence of your illness or injury.

At least be mortgage - free on your principal residence; it's OK to owe money on an income property if those payments are covered.

The taxes, which range from 0 percent to 35 percent depending on the income bracket, are applied to profits from stocks and bonds as well as property such as houses.

Book the mortgage interest expense on the income statement and then cancel the principal repayment account with the loan account.

How much you are able to borrow will depend more on your income level, as explained in the previous section.

Otherwise, if one has other sources of money for a funeral and has no other persons that depend on their income then life insurance would not be a necessity.

This is one of the best investment plans to opt for in order to save on income tax payments every year and there are a number of benefits associated with such an investment.

Interested pet parents will be asked to complete an application form and eligibility for this program is based on an income scale.

Instead, companies would pay taxes on income at the time it is earned.

In some provinces, tax rates approach 50 % on incomes between $ 100,000 and $ 500,000.

Added: A reader aptly pointed out that tax is charged on income earned after expenses are deducted.

If you have a spouse and children who rely on your income alone, a life insurance policy is practically a necessity.

I will not be relying on any income derived thereby to increase the quality of my already pleasing lifestyle.

This spot works best on the incoming tide and is the spot to be when big south swell rolls through.

Many students who can afford something, but not all of their payment are often placed on an income - driven repayment plan.

Our operations rely solely on income from donors, small grants, fundraising events, and our fees.

In this type of taxation system, the tax paid is dependent on income source.