Sentences with phrase «other sources of income if»

Explore Other Sources of Income if Existing Sources are Insufficient: Once you determine how much income you can get by maxing Social Security, any pensions you might have and modest yearly withdrawals from savings and have compared that to your projected expenses, you can now start to work out how to fill in for any shortfalls.

You might be able to buy a policy with a lower payout if you have enough other assets, insurance policies or your family will have other sources of income if you die.

Can this individual live off other sources of income if the primary day job income goes away?

Not exact matches

I guess that would make sense if a person with some other source of income is using Uber as a way to plug a hole.

Especially if you have other sources of income besides your startup business.

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.

To determine if your Social Security retirement benefits may be taxable, combine one half of your annual Social Security income with your income from all other sources.

This will allow me to achieve my passive income goals much faster than if I were to invest in stocks, bonds, CD's, or other sources of passive income.

The monthly gross (before tax) income of all the homeowners on your loan, including recent pay stubs if you receive them, or documentation of income you receive from other sources.

«If they are able to pay off of their mortgage, they will be rid of the largest debt source and have more income to spend on other items,» he says.

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.

If an elected official has a source of income that is not dependent upon holding an elected office then that official is less likely to be a professional politician than one who has no other means of support.

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.

If you don't have a good business then you can't really afford to go out and get the best players, unless you just want to rely on other sources of income» Stan Kroenke I like how it's chopped up, to suit someone's false narrative and passed around as truth.

If you don't have a good business then you can't really afford to go out and get the best players unless you just want to rely on other sources of income.

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

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

If you are teaching full - time as a profession and as a main source of income, then the number of classes you should be teaching is directly related to how much revenue you need to bring in, in order to cover your living costs, savings and other line items (like retirement savings and insurance).

Look for other source of income or if you have a day job, don't quit yet.

If you've decided you're tired of relying on Amazon for your sole source of e-publishing income (or maybe you're not doing well at Amazon, and you're hoping the other stores might take off for you), then you may have looked at Kobo, Apple, Barnes & Noble, and wondered how the heck you can get your books noticed over there.

I suspect if this becomes any kind of success it will quickly become the main or sole source of income for a lot of independent authors (as most of them make all their money from Kindle sales anyway — a lot don't offer physical books or have books available on other platforms at all) and so the zero - sum effect will be far more important.

If you are not enrolled in KU, aka allow Amazon to be your only source of income, therefore, your boss, you are put lower on bestseller lists, not posted as «recommended other reads», and ultimately your books are suppressed and all but hidden.

If you are selling well on other ebook retailers such as iBooks, Nook or Kobo, then you would be very reluctant to take your books away from a proven source of income to be in Kindle Unlimited.

Sources of income, in addition to Social Security, should be pension (if you have one), IRA, 401 (k) or other investment funds.

Although I don't own any now, if I have other sources of passive income in the future (CDs, bonds, etc.) I'll include them here as well.

As much as 85 % of your Social Security benefits could be taxable if you have other sources of income, such as earnings from work or withdrawals from tax - deferred retirement accounts.

December 2012 by Rande Spiegelman An annuity is attractive if you expect to live beyond normal life expectancy, but a lump sum may be better if you have other sources of income.

If you have other sources of income in addition to Social Security, some of your Social Security Benefits may be taxed.

«If she has no other source of income, she can make withdrawals of $ 30,000 annually and pay very little tax,» says Heath.

Regarding the decisions about apporting assets among adult children (beneficiaries), there are several consideratikons: relative wealth of each beneficiary; age of each beneficiary, as a guide to life expectancy; other sources of income, if any, available to each beneficiary such as working spouse or likely inheritance and amount from spouse's parents; support and help rendered during lifetime, especially later years; # of young children and their ages for each beneficiary; relative need among beneficiaries to maintain a reasonable standard of living; and so on.

Between 50 and 85 percent of your annual benefit is taxable when the sum of one - half of your Social Security income, plus income from other sources is more than $ 25,000 — or $ 32,000 if you're married and file a joint return; or $ 0 if you file separately from your spouse.

If your only source of income is your pension, and you do not have other assets like a home or investment, bankruptcy may not be necessary as you may be considered to be «creditor proof».

If you regularly owe taxes when you file your return, or if you have other income sources or deductions that may affect your tax rate, adding an additional withheld amount on line 6 of your W - 4 may put you in a refund position or keep you from owing too mucIf you regularly owe taxes when you file your return, or if you have other income sources or deductions that may affect your tax rate, adding an additional withheld amount on line 6 of your W - 4 may put you in a refund position or keep you from owing too mucif you have other income sources or deductions that may affect your tax rate, adding an additional withheld amount on line 6 of your W - 4 may put you in a refund position or keep you from owing too much.

So if you recently got a raise, an inheritance or other new source of income, you may be able to make up for lost time.

If we assume those salaries are the sole source of income for our notional part and full - time employees and ignore any other tax deductions or credits, their after - tax incomes would increase by $ 3,042 and $ 5,228, respectively.

If there is no continuation of income, or if that income will be reduced significantly, both of you will have to make some decisions about how you structure your other sources of retirement incomIf there is no continuation of income, or if that income will be reduced significantly, both of you will have to make some decisions about how you structure your other sources of retirement incomif that income will be reduced significantly, both of you will have to make some decisions about how you structure your other sources of retirement income.

If you have been refused by other lenders for loans in the past, but have a car and a source of income, you might want to check if you qualify for an auto title loan from LoanMarIf you have been refused by other lenders for loans in the past, but have a car and a source of income, you might want to check if you qualify for an auto title loan from LoanMarif you qualify for an auto title loan from LoanMart.

4) You can defer capital gains taxes when you sell by utilizing a 1031 exchange (and completely eliminate capital gains taxes if you never sell your final property) 5) You can carry over excess deductions to offset other sources of personal income

And if you're really sure you can live comfortably the rest of your life on Social Security, your pension and other assured income sources without dipping too deeply into your retirement investments, then I suppose you can make a reasonable case for avoiding stocks altogether.

If you're using your vacation home as a source of income by renting it to guests, what you can deduct depends on how much you use the home yourself compared to how much you rent it to others.

It's also worth nothing that almost no one has no other source of income in the year, so the marginal tax rate on the severance package is likely to be higher than if you had no other income in the year.

What if you make a lot of money from your other income sources?

3 — NIL (if no other sources of income).

If the borrower plans to use the residence, but has a source of income other than the farm which will be the primary source of income, then the farming operations need not be considered.

That means if your pre-retirement salary is $ 100,000 a year, you'll need to make $ 80,000 annually from Social Security, pensions, portfolio withdrawals, and other sources of income.

If you are retired then your total income from these withdrawals and other sources might be low enough that you don't have much of a tax bill.

Finally, there is a minimum required monthly income, so if you have more than one job or other source of income, that should be included on your application so you have the best possible chance of approval.

Sir, I've not been able to file ITR for the financial year 2014 - 15 due to certain reasons — laziness, lack of time, etc... well, it seems to me that I won't be able to do the needful by the 31st of March 2016 as well... Apart from my business income (does not need audit), I have income from other sources, such as House rent, Shop rent, etc... totaling around 4.5 lacs... What if I file ITR for financial year 2014 - 15 after 31st March 2016, say in May, July or Nov 2016... would I be liable for penalty (Rs. 5000) apart from interest on tax amount!?

If you receive an inheritance as a regular source of income, you can use this as your proof of income if you have no other sourcIf you receive an inheritance as a regular source of income, you can use this as your proof of income if you have no other sourcif you have no other source.

Tax tip: If you have no other sources of income, you can receive a significant amount of Canadian dividend income and pay little or no tax.