Sentences with phrase «other sources of income for»

The actual tax payable will depend on your other sources of income for the year.

The value of your account on your date of death is added to your other sources of income for the year and tax calculated accordingly.

If a net rental loss results, it can generally be deducted against other sources of income for the year.

Fifty percent of a capital gain is taxable and is added to your other sources of income for the tax year.

If you have one single family property and the tenant stops paying, you have no other source of income for that property.

«If you aren't sure about your job or other source of income for the next few years and have just enough in savings to pay for the remodel, think about waiting,» says Fritschen.

Not exact matches

Parking tickets are a big source of income for many governments, so it's not surprising to see the village attempt to force Ms. Cammelleri, and likely other drives, to pay up even though the mistake was on their part.

This is quite likely to be the case: Statistics Canada has many other sources of information that can be used as a check against the NHS: tax files can be used for income, CMHC data for housing, and so on.

On the other hand, homeownership is widespread in Canada and provides a flow of services in retirement that obviates the need for cash (and, indeed, home ownership can become a source of cash income through downsizing housing and / or a reverse mortgage annuity).

In the tenth decile, investment income also accounts for 20 per cent of total income received and this is almost double the 11 per cent of income from this source in the 9th decile, the only other decile where investment income accounts for a double digit portion of total income.

The chance that a person is going to need the retirement fund to last longer than expected is high for someone of good health, which makes Roth IRA's lack of RMD desirable, especially if you have other available sources of income.

Before you get discouraged about how much you need to save for retirement, remember in Canada we have OAS, CPP, along with company pensions or any other source of income you might have to compliment your income.

Far more common, and often much more important for most types of businesses, interest expense on the income statement represents the cost of borrowing money from banks, bond investors, and other sources to meet short - term working capital needs, add property, plant, and equipment to the balance sheet, acquire competitors, or increase inventory.

Due to the fixed nature of the payments, some older individuals may be able to consider Social Security payments, employment pensions, and other predictable and / or passive income sources as part of their bond pile, thus reducing or eliminating the need for bonds.

Social Security represents a substantial share of income for the bottom quintile but is less important for higher - earners — reflecting the progressive nature of the benefit formula and the fact that higher - earners have many other sources of income — whereas private retirement income is less important at the low end but is more important for middle and upper - income groups (those at the very top mostly rely on investment or business income).

A widow, for example, with one million dollars to invest and no other source of income is going to want to place a significant portion of her wealth in fixed income obligations that will generate a steady source of retirement income for the remainder of her life.

The best investment strategy for you will depend on the value of your assets, how much income you have from other sources, your monthly expenses, your goals for retirement, your desire for leaving an estate, and more.

«But on an after - tax basis, for Canadians who collect Guaranteed Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.»

An income annuity may be the right choice for you if you have a need for guaranteed lifetime income; you know your retirement expenses won't be covered by other income sources, such as Social Security; and you have assets outside of the annuity to cover unexpected expenses.

For most retirees, there are other sources of retirement income besides savings, Social Security being chief among them.

For many people, it's helpful to start by grouping potential sources of income into 2 basic buckets: guaranteed income from sources such as Social Security, pensions, and annuities, and variable income from a job, retirement savings, and other sources such as rental real estate.

To provide investors with a source of monthly income, with the potential for long - term growth through capital appreciation and growth in dividends by investing primarily in common shares, convertible debentures and other equity related securities of U.S. issuers.

If they are illegal then there is the constant fear of living as an «outlaw» afraid to report abuses, even rape or other crimes, to the authorities, but then the same fears arise for drug users or alcoholics; the authorities are not perceived as being sympathetic to someone who needs to «shoot - up» or drink regularly, whose only source of income is to sell drugs or their bodies.

«It can now actually become a substantial additional source of income for many factories and processing plants throughout the world, including the food, beverage and agro industry and other primary product processing.»

we can't even get rid of players that have barely mannered to us for several years... which is incredibly annoying considering that our beloved owner would never risk his own financial resources whether he brought in some new blood or offloaded several failed Wenger projects for less than market value... he would simply make a little less and the burden would fall squarely on other sources of income, primarily us... I don't know about you but I would gladly use all the money they have been stockpiling to rid ourselves of those that don't meet acceptable standards and to replace them with a few higher priced gems... I know, I know, Wenger and his minions have been scouring the globe for years now to find anyone that was as good as our current lot to no avail, but I've just got to believe there must be two or three guys somewhere out there that can play this crazy game

(Champions leage Qualification — Premier League Placement SKY & other Global TV and Broadcasting Rights — are ALL HUGE Sources of income for the Club) BUT NOTHING — NOTHING satisfies the Fans both at home and abroad, and encourages them to continue to give their HARD EARNED Money to the Club via Season Tickets, Matchday Tickets, Memberships, and most of all — Global Merchandising and End of Season Internalional Tours MORE than Championships Trophies & Cups.

Our kids love thumbing through the square catalog that comes in the mail, reading the stories about families whose lives have been changed by gifts of agriculture that provide a sustainable source of income from milk, eggs, honey and other products that can be sold or bartered for items they need.

The Treasurer receives and maintains a record of all membership dues forwarded by the President and the Association for Play Therapy and collects income from special assessments and / or other sources.

The funding is provided through the State's Public Housing Modernization Drug Elimination program, part of a modernization program that provides grants to public housing developments where rental income is insufficient and funds are unavailable from other sources for needed repairs and improvements.

On the blind side of the president - elect, Nana Akufo Addo, (though other sources say he is in the know) a deal was struck with the outgoing Mahama administration, for the importation of some vehicles early enough; for use at the inauguration of the incoming - president on January 07, this year and also, to augment the presidential fleet.

«For state legislators, it is much harder to raise taxes on income or sales or cut spending on education or other vital services, while legalizing and expanding gambling is seen as a relatively easy and painless source of revenue and job growth,» said Lucy Dadayan, the Rockefeller analyst who wrote the report.

Personal income taxes on the other hand is the largest source of revenue for the government so even small changes have a significant impact.

Gary Ashford added: «The targeting of property rental income overlaps with other HMRC campaigns, for example the offshore campaign, as many property investors may well be UK residents holding offshore accounts, or non doms, mistakenly not appreciating that UK source income is still taxable.

«On the other hand, it should be noted that New York City is the primary source of surplus state revenues — largely generated by the income tax on high earners (the so - called «millionaires» tax»)- but New York City residents do not directly benefit from the commission's proposed use of $ 1 billion of this surplus for property tax reductions for suburban and upstate New Yorkers.

Still, more than 85 % of respondents listed funding for their research project as their most important source of income; the remaining 14 % are dependent on other sources (Figure 1).

If there are no other potential sources of income for the family, then the decision is obvious.

Funds received from patrons * in the Pacific Coast region and from gifts, bequests, or other sources may be invested as trust funds by the Executive Director, as authorized by the Executive Committee, and the income therefrom shall be expended for the purposes of the Division as set forth in Article 2.

Funds received from patrons in the Pacific Coast region and from gifts, bequests or other similar sources, shall be invested as trust funds by the Executive Committee, and the income therefrom shall be expended for the advancement and diffusion of knowledge.

Funds received from patrons * in the Pacific Division region and from gifts, bequests, or other sources may be invested as trust funds by the Executive Committee, and the income therefrom shall be expended for the purposes of the Division as set forth in Article 2.

The little white mushroom isn't valuable, but exports of other fungi, including matsutake and porcinis, are a major source of income for Yunnan's native people; fears of barium poisoning could hurt the region's economy.

If you feel like you're not earning the wage you deserve, it might be time to look for other sources of income.

In other words, it acts as the principal source of food for the colony's incoming queen.

We then deducted the estimated production budget from the global box office for each film (using numbers from Box Office Mojo and other sources) to come up with a limited definition of each movie's operating income.

Trouble brews when she can not come up with the cash, which causes him to remain and look for other sources of income in the town.

Utah, like a number of other states, still has extensive «school trust» lands, which were given to it by the federal government at statehood to produce a continuing source of income for education.

Considering the fact that freelancing is by far the most convenient source of income for students, competition is ever increasing, and your work needs to stand out from others.

Any alternative that calls for significant increases in expenditures for education, whether financed through increases in property taxation or through other sources of tax dollars, such as income and sales taxes, is certain to encounter political barriers.

In the absence of applications, districts that offer community eligibility in some or all schools and depend on income data to determine funding for other programs must identify alternative data sources, which are readily available.

«For a small organization that does not have a source of income other than the MFP (Minimum Foundation Program state aid), when the MFP has been cut off obviously there are cash flow issues,» White said.

Do you only write for a living and don't do any other jobs or have other sources of income?