Sentences with phrase «on the filing status»

Be aware that this form is subject to reporting thresholds, and that those thresholds will vary based on your filing status and whether you live in the U.S.

Your standard deduction will be automatically calculated for you based on the filing status and number of dependents you enter.

Many taxpayers claim the standard deduction, which varies depending on filing status, as shown in the table below.

In order to find out if you can or should deduct certain things from your taxes, remember this: 1 — You can take a deduction in two ways — a standard deduction, a set amount based on your filing status and itemized deductions, which...

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.

The amount of credit you are eligible for depends on your filing status and income.

Bill I recall pushing our church to dump the 501c status so that we could openly discuss topics like Obama but for some reason accountants are hung up on that filing status.

The requirement to file a federal tax return depends on your filing status, age and types and amounts of income.

Depending on the filing status, the 2009 standard deductions are as follows:

The minimum income amount depends on your filing status and age.

For example, the standard deduction, which for the 2014 tax year ranges from $ 6,200 to $ 12,400 depending on your filing status, covers deductions such as medical expenses and charitable contributions.

Though they work similarly, there is a difference between tax exemptions and tax deductions: Exemptions are based on your filing status and the number of dependents you claim, while deductions are related to expenses you've paid throughout the tax year.

The limits depend on your filing status.

The percentage of your Social Security benefits that you must pay tax on depends on your filing status and income level.

The income limitations vary depending on filing status and whether or not the taxpayer is covered by a retirement plan through their employer.

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.

These amounts vary depending on your filing status.»

This publication will show you what will be withheld based on your filing status, income, and number of allowances (exemptions) claimed.

Allowances are determined based on filing status, marital status, amount of dependents and available credits.

The amounts are based on your filing status — single or married filing jointly and the number of taxpayer's qualifying children.

The amount of the standard deduction varies depending on your filing status.

Your disability benefits may be taxable, depending on your filing status and the amount and type of other income you receive.

The amount of Social Security benefits that are taxed depends on your filing status and total income.

See the table link above to determine what the IRS will leave you with based on your filing status, exemptions, and frequency of pay.

It affects your tax when you have adjusted gross income above a dollar amount that depends on your filing status:

It affects your tax when adjusted gross income exceeds a dollar amount that depends on your filing status:

However, this also depends on your filing status.

Here are the filing requirements for this tax year based on your filing status.

The maximum amount you can claim ranges from $ 3,750 to $ 7,500 depending on your filing status.

Your standard deduction amount is based on your filing status and is subtracted from your AGI (adjusted gross income).

The amount for which you may be eligible depends on your filing status and the number of qualifying dependents.

Your standard deduction is a fixed dollar amount based on your filing status plus some specific adjustments.

The amount the IRS can garnish depends on your filing status, including the number of dependents you have and the amount deductions you have.

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.

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.

The amount of your standard tax deduction is based on your filing status and it is subtracted from your AGI (adjusted gross income).

There are income limits for this credit, depending on your filing status.

There is a phaseout on Roth IRA contributions, based on your filing status and modified adjusted gross income (MAGI).

In order to make a contribution, your AGI must be below a certain threshold that depends on your filing status.

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.

Form 1040 prompts tax filers for information on their filing status and number of dependents.

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.

The applicable maximum AGI depends on your filing status and the number of qualifying children.

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.

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.

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.

Once you calculate your adjusted minimum taxable income, Form 6251 allows you to claim an AMT exemption that is based on your filing status.

The amount of the credit steps down at various income levels depending on your filing status.

The minimum income levels based on filing status and age are listed in the table below:

A taxpayer that isn't a dependent of any other taxpayer gets a standard deduction in a fixed amount, depending on filing status.