Sentences with phrase «other unearned income»

In fact, Model Civil Jury Charge 2.33, which covers wrongful termination and discrimination cases, contains a subsection, 2.33 (8), that says that a back pay award «should be reduced by any actual earnings,» but a plaintiff should not be docked for unemployment benefits or «other unearned income.»

And to cap matters, bankers seek to distract voters from realizing that if the government does not tax land rent and other unearned income, it must burden labor and capital — consumers and employers.

Not exact matches

In addition, this discussion does not address U.S. federal tax laws other than those pertaining to the U.S. federal income tax, nor does it address any aspects of the unearned income Medicare contribution tax pursuant to Section 1411 of the Code, or U.S. state, local, or non-U.S. taxes.

This discussion also does not address any tax consequences arising under the unearned Medicare contribution tax pursuant to the Health Care and Education Reconciliation Act of 2010, nor does it address any tax considerations under state, local or foreign laws or U.S. federal laws other than those pertaining to the U.S. federal income tax.

Your Medicare tax exposure may include «unearned» income from rental income, the sale of investments, royalties, and other forms of passive income.

On the other hand, $ 600 in earned income and $ 600 in unearned income would trigger the filing requirement because the combined income of $ 1,200 exceeds the combined income threshold of $ 1,050.

Unearned income includes Social Security benefits, certain veterans» compensation, unemployment, rent, annuities, non-cash support and maintenance, pensions and other income that the recipient hasn't earned.

Generally, all other income you receive is treated as «unearned income» that can not be used to qualify for the credit.

Some unearned income, such as Social Security, is non-taxable unless combined with other income, while income like capital gains is always taxable income.

Unearned income, on the other hand, is money that's paid to you that you don't earn.

One reason: In addition to payroll and income taxes, you may owe three other taxes, especially if you have a hefty income or you have so - called unearned income, which is income from investments.

Pursuant to IRC § 1411, «net investment income» includes interest, dividends, capital gains, retirement income and income from partnerships (as well as other forms of «unearned income»).

(4) The amount and sources of earned and unearned income of both spouses, including, but not limited to, earnings, dividends, and benefits such as medical, retirement, insurance, social security, or others;

It will not be recalculated based on your income immediately prior to being disabled or reduced by any unearned income you receive from other sources while on claim.

Assuming you are approved for the full amount of benefit you've purchased, the insurer will then calculate the maximum you may receive when your benefit is added to all other sources of unearned income.

Unearned income is income derived from sources other than working.