Sentences with phrase «spouse received a salary»

A salesperson with rental income whose spouse received a salary would file a business return for commission and rent, and the spouse would file an individual return.

Not exact matches

Jackson is the lead author of a new study to be published in Psychological Science that tracked nearly 5,000 married Australians for five years and measured how a spouse's personality impacted whether their partner received a promotion, earned a higher salary or experienced higher levels of job satisfaction.

Should a U.S. Googler pass away while under the employ of the 14 - year old search giant, their surviving spouse or domestic partner will receive a check for 50 % of their salary every year for the next decade.

If you don't really need to spend the money distributed from your Inherited IRA for your household expenses (your opening statement that your income for 2016 is low might make this unlikely), and (i) you and / or your spouse received compensation (earned income such as wages, salary, self - employment income, commissions for sales, nontaxable combat pay for US Military Personnel, etc) in 2016, and (ii) you were not 70.5 years of age by December 2016, then you and your wife can make contributions to existing IRAs in your names or establish new IRAs in your names.

You can set up a traditional IRA at any time and make contributions as long as you were under age 70 1/2 at the end of the tax year, and you (or your spouse, if you file joint return) received taxable compensation, such as wages, salaries, commissions, tips, bonuses, or net income from self - employment.

To determine the noncustodial spouse's gross income, the formula considers wages, salary, interest, dividends, alimony that the noncustodial spouse receives and benefits from retirement, disability, workers» compensation and unemployment.