Sentences with phrase «single taxpayer in»

If you are an active participant (making annual additions or accruing a benefit) in a company plan and make more than $ 65,000 as a single taxpayer in 2009 (or $ 109,000 as a married joint taxpayer) then you are disqualified from taking the full deduction.

There's not one single taxpayer in the state that can afford to be taxed for public campaigns.

Not exact matches

For single and head - of - household taxpayers in that situation, the deduction is phased out for modified adjusted gross incomes between $ 63,000 and $ 73,000 for 2018.

In that case, according to the IRS, rental losses of up to $ 25,000 for single taxpayers and married couples filing jointly (and $ 12,500 for married filing separately) can be used against other types of income.

In 2017, the standard deduction for a single taxpayer is $ 6,350, plus one personal exemption of $ 4,050.

The estimates in the chart show how much single, childless taxpayers at different income levels who claim the standard deduction might save if the Senate's tax plan becomes law:

Notably, the deduction only applies to «qualified business income» and can't be claimed by taxpayers in service businesses (excluding architecture and engineering) for single filers with taxable income above $ 157,500, and $ 315,000 for joint filers.

Single and joint - filing taxpayers can earn up to $ 38,600 and $ 77,200, respectively, in 2018 and owe nothing in long - term capital gains taxes.

In Georgia, taxpayers can claim a standard deduction of $ 2,300 for single filers and $ 3,000 for joint filers.

At the hearing, Senator Elizabeth Warren pressed Carson over the fact that, as the head of the department, he would be in charge of numerous programs that the president could manipulate to profit his real estate empire, asking Carson, «Can you assure me that not a single taxpayer dollar that you give out will financially benefit the president - elect or his family?»

In 2018, taxpayers who are married filing jointly with taxable income up to $ 77,200 can realize long - term capital gains (or receive qualified dividends) without being taxed (the same goes for single filers with taxable income up to $ 38,600).

For single taxpayers without access to an employer - sponsored pension, and for married couples in which neither spouse participates in such a pension plan, there are no income restrictions on the deductibility of traditional IRA contributions.

To qualify in 2017, a taxpayer's AGI may not exceed $ 80,000 for single, head of household, or qualifying widower filers, or $ 165,000 for married filers.

Keep in mind, the majority of education tax breaks are designed for taxpayers who are single filers or who use the «married filing jointly» filing status on their Federal return.

The standard deduction for single taxpayers and married couples filing separately is $ 6,350 in 2017, up from $ 6,300 in 2016.

These wage and property rules are phased in between $ 315,000 and $ 415,000 in taxable income for married couples filing jointly (and half those amounts for single taxpayers).

It focused on how the deduction works for a taxpayer who has less than $ 315,000 of taxable income, is married and filing jointly (or $ 157,500 in income if single).

Under the old income tax brackets (still valid for your filing for April 2018), the highest rate of 39.6 % rate kicks in for single taxpayers earning $ 418,401 + and for married couples earning $ 470,701 +.

I personally see our taxpayers» dollars going in the trash every single day.

The CIOT is concerned that penalties under the GAAR are being introduced before a single case has been heard by the GAAR Advisory Panel, despite it being launched in 2013 — and with taxpayers still unsure of what activities will be subject to counteraction.

To ensure irreversibility, we are implementing the following measures to tackle some of the long - term structural issues: a. capping of the statutory funds at 25 percent of government tax revenues b. operationalization of the Treasury Single Account (TSA) to consolidate all government funds at the Bank of Ghana c. tightening of expenditure controls in GIFMIS to minimize inefficiencies and budget overruns d. strict enforcement of the PFM Act, as well as the Public Procurement Act, to ensure efficiency in public procurement, and e. adoption of the competitive tender process, which is eliminating wastage and giving Ghanaian taxpayers real value for their money.

Further, Tesla, Elon Musk's OTHER huge corporate gravy train welfare cyclone of pretend tech «success» hasn't earned a single DIME in over ten years it's been around but as long as the taxpayers foot your «success» it; s all good right?

By eliminating the single largest expense in county budgets, federal legislation mandating a state takeover of local Medicaid costs promises relief for property taxpayers across New York.

Careful examination of the «final» Tax reform plan, when focused on the single filing taxpayer that employs just the standard deduction / personal exemption seems to display sharp discontinuities in the...

Medicaid is the single largest cost to Erie County, costing taxpayers more than $ 1 billion annually, with a local share of $ 211.7 million in Fiscal Year 2012.

Otherwise, there will be pockets of losers among taxpayers making low six - figure incomes, mainly singles and married couples without dependents living in New York City and in the highest - taxed New York City suburbs.»

Backers of the framework said the loss of the state and local tax deduction would be covered by the plan's doubling of the exemption for single filers to $ 12,000 and to married taxpayers filing jointly to $ 24,000, and increase in child tax deductions.

Trump's plan to double the standard deduction, now $ 6,300 for single filers and $ 12,600 married couples, probably won't make up for the loss of deductions for many taxpayers in those downstate counties, Cole said.

Responding to the Rich List, the Local Government Association criticised the Taxpayers» Alliance for singling out individuals and pointed out the taxpayer «gets very good value for money» when compared with comparable salaries in the private sector.

NYC Public Advocate Letitia James burned through nearly all of the more than $ 750,000 in taxpayer matching funds in a lopsided race against a poorly funded opponent — spending $ 500,000 on a single Election Day expenditure, public records show.

New York taxpayers built a $ 90 million custom factory in DeWitt for firm that walked away without creating a single job — not the wisest use of public funds, experts say.

Hazel Blears The communities secretary claimed for three different properties in a single year, spending almost # 5,000 of taxpayers» money on furniture in three months.

When allegations» of police brutality reaches this level, it's no longer a single municipality problem; it becomes a Westchester problem, then every taxpayer in Westchester County's problem.

«Here's someone that nearly every single publication in the state of New York said should resign last year and he used taxpayer money to cover up sexual harassment in the workplace.»

The tax cut for middle - class wage earners amounts to a fraction of 1 percentage point and will be funded by an increase in the rate for married taxpayers making more than $ 2 million a year and single taxpayers whose yearly income exceeds $ 1 million.

He bought the flat with taxpayer - subsidised loans and then claimed on work conducted on the property up a year after it had been conducted, allowing him to tot up more spending than would have been available in one single year.

The level of deficit and debt that we have been left as a country costs the British taxpayer # 120 million every single day: «To put that in the context of a 1p a litre rise in fuel duty, which is worth # 500 million, the British taxpayer will pay as much in debt interest over the course of four or five days as they will pay in fuel duty, if fuel duty is subject to a 1p a litre rise.

He added: «If the national living wage was increased by # 9.30 and # 12,500 personal tax allowance in April, a single earner couple with kids would still lose # 320 and it would cost the taxpayer # 9bn.»

One British think - tank quoted # 10,306 to write a single blog post and another received # 23,000 in taxpayers» money to write a two - page policy brief.

In fact, the Senate Republicans attempted to foster a bipartisan compromise that would have moved all of the state's primaries to a single day in August this year, avoiding the busy last few months of the state legislative session and saving taxpayers even more of their hard - earned moneIn fact, the Senate Republicans attempted to foster a bipartisan compromise that would have moved all of the state's primaries to a single day in August this year, avoiding the busy last few months of the state legislative session and saving taxpayers even more of their hard - earned monein August this year, avoiding the busy last few months of the state legislative session and saving taxpayers even more of their hard - earned money.

Critics say single payer health care in New York would be too costly and burdensome to taxpayers.

\ n \ nWhile historically there had been a ban on taxpayer funding of embryonic stem cell research, there has never been a ban on private funding in this country and many European countries have allowed this type of research for years, but so far none of this research has yielded a single therapeutic use.

If the initiative gathers the requisite number of signatures to be on the ballot, with a single vote this November, California's voters could eliminate one of the most egregious examples of inequity in its educational system — and it won't cost taxpayers any additional funds to do it.

He said: «If, in the autumn, the public finances continue to reflect the improvements that today's report hints at, then, in accordance with our balanced approach — and using the flexibility provided by the fiscal rules — I would have the capacity to enable further increases in public spending and investment in the years ahead while continuing to drive value for money to ensure that not a single penny of precious taxpayers» money is wasted.»

Connecticut taxpayers invest in a number of public services that make our lives better — police and fire departments for our communities, public parks, roads, and mass transit, and the single most important investment: public education.

The policies and practices Judge Moukawsher singled out for criticism in his opinion are ones that make many parents and taxpayers cringe.

$ 4.4 billion is needed every single year — Unless the Government (that would be taxpayers) are ready to bail out newspapers every year, the figure that we need in a bailout is indeed $ 88 billion and not $ 4.4 billion.

Single taxpayers, married filing separately, and those filing head of household saw similar jumps in the standard deduction.

For example, if you file as a single, head of household, or qualifying widow (er) taxpayer for the 2017 tax year and have more than $ 75,000 in adjusted gross income ($ 55,000 for married filing separately, $ 110,000 for joint filers), the reduction increases as the amount exceeding the limit increases.

By contrast, married joint - filing couples don't reach that tax bracket until they have more than $ 75,900 of taxable income, and single taxpayers need more than $ 37,950 of taxable income to be in the 25 % bracket for 2017.