Sentences with phrase «other qualifying expenses»

Just as you have estimated your healthcare costs for determining your best option for health insurance during open enrollment, you'll want to figure out your best guess on your out - of - pocket medical expenses (and other qualifying expenses) during the next year.

Once itemizing is worthwhile for taxpayers, they can also deduct other qualifying expenses, like:

Once itemizing is worthwhile, taxpayers can also deduct other qualifying expenses, like charitable donations, personal property tax, state and local income taxes or sales taxes, limited medical expenses and limited employee business expenses and other miscellaneous expenses.

You can also make additional withdrawals for other qualified expenses.

In the case where the student receives a scholarship, your Direct Portfolio savings can be used to cover other qualified expenses not covered by that specific scholarship.

An Autograph plan with a higher deductible may cost you less — and you can put the money you save on premiums into your tax - advantaged HSA to help pay your deductible or other qualified expenses.

Not exact matches

What's more, withdrawals from HSAs for anything other than qualified medical expenses are subject to income tax, plus a hefty 20 percent penalty tax.

Factors which could cause actual results to differ materially from these forward - looking statements include such factors as the Company's ability to accomplish its business initiatives, obtain regulatory approval and protect its intellectual property; significant fluctuations in marketing expenses and ability to achieve or grow revenue, or recognize net income, from the sale of its products and services, as well as the introduction of competing products, or management's ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and other information that may be detailed from time to time in the Company's filings with the United States Securities and Exchange Commission.

Both flexible spending accounts and health savings accounts are smart ways to save pre-tax dollars for qualified health care costs, including copays, prescriptions and other out - of - pocket expenses.

Examples include provisions that allow immediate expensing or accelerated depreciation of certain capital investments, and others that allow taxpayers to defer their tax liability, such as the deferral of recognition of income on contributions to and income accrued within qualified retirement plans.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

Maximum Deduction: The amount by which your qualifying work - related education expenses (plus other job and certain miscellaneous expenses) is greater than 2 % of your AGI

Qualified Expenses: Tuition, books, supplies, lab fees, certain transportation / travel costs, and other similar education expenses (such as the cost of researching and typing Expenses: Tuition, books, supplies, lab fees, certain transportation / travel costs, and other similar education expenses (such as the cost of researching and typing expenses (such as the cost of researching and typing a paper)

Qualified expenses include tuition and fees; room and board; books, supplies and equipment; and other necessary expenses such as transportation.

If you use the money for anything other than a qualified medical expense, you'll get slapped with a steep 20 percent penalty.

The tax code allows private foundations to include as «qualified distributions» certain expenses associated with grantmaking and other payments made for charitable purposes (e.g., conferences, technical assistance for grantees and other expenses).

** In other words, in most cases you won't have to pay state or federal income taxes on earnings in your 529 account, as long as you use the money for qualified expenses.

If your clients withdraw money for something other than qualified higher education expenses, they will owe federal income tax and may face a 10 % federal tax penalty on earnings.

While certain homebuyers can qualify for little or no down payment, through VA loans or other 0 % down payment programs, most homeowners who don't have a large enough down payment will have to pay the extra expense for PMI.

The boss doesn't have any other choice other than to start a HALTING AMBITION GUNNERS STARTS to halt any ambition the Red may be nursing to qualify for the Champions League at the expense of the Gunners winning the Barclays Premier League this season, which is still very much on the cards.

If your Texas school or district was affected by Harvey, and you're interested in implementing breakfast - in - the - classroom in SY 2017 - 18, the Partners for BIC can help; if you qualify, our grant can help cover upfront costs associated with breakfast - in - the - classroom startup and implementation costs such as equipment, outreach, promotion, and other related expenses.

On the down side, this conscious and strategic effort of Bagbin to project John Mahama also cost him some friends amongst the Minority MPs who thought Bagbin favored a Northern brother at the expense of other equally qualified NDC MPs.

Parents must sign an agreement that says they will use at least a portion of the ESA funds to provide an education in, at a minimum, English language arts, mathematics, social studies and science, use the scholarship funds only for qualifying educational expenses, and not use funds to purchase nonallowable computer hardware, other technology or consumable educational supplies or on tuition at a higher education institution or a noneligible nonpublic school.

The Education Corps is designed to provide tutoring and after - school support but not necessarily to train future teachers.92 The VISTA program matches corps members with a nonprofit organization to perform capacity building and provides yearlong stipends, but it is not intended for provision of direct services.93 The Professional Corps, which specifies teaching as one of its qualified positions, allows participants to access Segal AmeriCorps Education Awards — which recipients can use either for loan forgiveness or for paying tuition and other qualifying educational expenses — but increases residency program costs because residents are prohibited from receiving stipends through AmeriCorps and must therefore be paid through their program or the school district.94 None of these programs were designed for supported entry specifically; thus, programs dedicated to providing a gradual on - ramp to the teaching profession can sometimes find it hard to meet their definitions and requirements.

In accordance with 5 U.S.C. § 3102, «Employment of Personal Assistants for Handicapped Employees, Including Blind and Deaf Employees,» DOT, in its discretion, may authorize the payment of salary and other necessary expenses for a personal assistant (PA) who accompanies a qualifying employee with a disability on official travel as a reasonable accommodation.

Additional qualifying expenses include costs related to before - and after - school care for children under 13 and expenses related to a nurse, home care provider, or other care provider for a disabled dependent.

Your adjusted expenses are equal to the total of your qualified education expenses minus other tax - free assistance you receive, such as scholarships and Pell grants.

If you paid a daycare center, babysitter, summer camp, or other care provider to care for a qualifying child under age 13 or a disabled dependent of any age, you may qualify for a tax credit of up to 35 percent of qualifying expenses of $ 3,000 for one child or dependent, or up to $ 6,000 for two or more children or dependents.

Tuition qualifies for this deduction, as do the costs for lab fees, books, supplies and expenses for any other course materials, if you had to buy them in order to attend.

The scholarship or fellowship (or any part of it) must be applied (by its terms) to expenses (such as room and board) other than qualified education expenses as defined in Qualified education expenses in chapter 1, Scholarships, Fellowships, Grants, and Tuition Requalified education expenses as defined in Qualified education expenses in chapter 1, Scholarships, Fellowships, Grants, and Tuition ReQualified education expenses in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions.

(S) Savings: After contributing some amount to the 529 plan or other education savings account, it's smart to save in a traditional savings account as well, in case there are other expenses you want to help your child with that don't qualify as education expenses.

Someone other than you, your spouse, or your dependent (such as a relative or former spouse) may make a payment directly to an eligible educational institution to pay for an eligible student's qualified education expenses.

Certain Electronics: While computers and software are now allowed as a qualified expense, other electronics traditionally used for entertainment, such as theater equipment are projectors are not qualified expenses (unless the items are specifically required by the school for enrollment or attendance).

Also, in limited circumstances, even qualified withdrawals may be taxed depending on the expense the funds were used for, as well as if any other «tax - free educational benefits» (Coverdell ESAs, Hope / Lifetime Learning Scholarships, etc.) were used.

Fortunately, funds from a College Savings Trust can be used to purchase books and other needed supplies without having to guess if they are qualified expenses or not.

The medical expense tax credit is a non-refundable amount for certain qualifying expenses that can be claimed on the return of the patient and / or other supporting family members.

Student loans and Pell Grants never qualify as income, while other grants used for direct education expenses aren't reported as income.

If you use the money for anything other than a qualified medical expense, you'll get slapped with a steep 20 percent penalty.

If you contribute to a health savings account or other qualified medical account through your employer, you may be contributing to these expenses on a pre-tax basis.

So if your other debts are too high you might not qualify even if your housing expense is brought down to 31 % of your gross income.

Room and board, computers, software, books, supplies or other equipment is NOT qualified expenses for U.S. savings bonds.

If you withdraw money for any other reason than these circumstances and the withdrawal is not used for a qualified higher - education expense, a 10 % federal tax penalty will may apply to any earnings.

Coverdell ESAs can cover costs of qualified higher education but also for qualified elementary and secondary education expenses such as tuition, fees, extended day programs, equipment, room and board expenses, uniforms and other expenses related to enrollment at a private, public or religious school.

If your loans were used for things other than a «qualified higher education expense» the law does not protect those amounts.

Trustees are to consider the income loss, increased expenses, and other effects of a natural disaster as «special circumstances» that may allow a debtor who doesn't otherwise pass the means test to qualify for Chapter 7.

To qualify, you must pay child care costs separate from tuition and other expenses.

UESP account funds can be used to pay for tuition, fees, books, supplies, and other qualified educational expenses without tax penalty at many higher education institutions outside the United States.

Keep receipts and other documentation to show that you used the withdrawal for qualified expenses.

There's stuff like laundry, food, and other personal expenses that don't qualify as educational.

529 college savings plans are great for saving money to pay for tuition, dorms, books, and other qualified educational expenses, but your child won't just have qualified educational expenses.