Sentences with phrase «tax credit if»

Developers of historic buildings that are renovated can apply for a 20 percent federal tax credit if the structures are on the National Register of Historic Places.

The new regulations that have created more costs for a Pakistan adoption can be offset by this tax credit if your income in under $ 250,000.00 per year.

Tax Discount: Did you know that parents are eligible for up to a $ 150.00 tax credit if their dependent minor child successfully completes a program through a private driver education school that is licensed with the DDS?

Also, be sure to take advantage of the Child and Dependent Care Tax Credit if you qualify.

However, as long as your coverage is considered affordable and meets minimum value, the employees you offer coverage to are not eligible for a premium tax credit if they buy coverage through the Marketplace instead of through SHOP.

If your employer's plan meets this standard and is considered «affordable,» you won't be eligible for a premium tax credit if you buy a Marketplace insurance plan instead.

Massachusetts SB 1446 Converts law school tuition into tax credit if attorney serves as public defender or otherwise practices «public interest law» as defined.

The federal tax credit is available to homeowners that own their own solar panels — that means that you can't receive the tax credit if you rent your home or lease your solar via a power purchase agreement (PPA) or similar contractual arrangement.

«We get a tax credit if we build a lot of wind farms.

As Warren Buffet explained in 2014, «on wind energy, we get a tax credit if we build a lot of wind farms.

It's certainly important to take advantage of the tax credit if you can, but if you choose to spend the money on something it's better accounted for as an opportunity cost.

Generally, you can qualify for this tax credit if you are age 65 or older at the end of the tax year; or if you are under age 65 but retired on permanent / total disability and have taxable disability income.

You may qualify to claim the tax credit if you have expenses related to adopting a child.

Even if you meet all the qualifications detailed above, you may still be ineligible for the tax credit if your taxable income exceeds set limitations or your nontaxable income is excessive.

You may also take the tax credit if you file as Head of Household and you meet specific tests.

Do not file a DC Schedule H to claim the property tax credit if you lived in public or subsidized housing during the year.

Individual taxpayers and families may be able to claim the refundable Premium Tax Credit if they have low to moderate incomes and purchased health insurance through the Health Insurance Marketplace at HealthCare.gov.

Assuming our tenants would be first time home buyers and have income within the allowable range, they qualify for an $ 8,000 tax credit if the buy a home before Decmeber 1, 2009.

Canadians receive a foreign tax credit if VEF is held in taxable accounts.

There are also limits on how much you can take on the child care tax credit if your employer pays for any child care costs, or if you take advantage of a Dependent Care FSA.

Married couples who file jointly will receive a 10 - 20 % tax credit if they earn between $ 37,000 and $ 61,500.

However, contributions could lower your child care tax credit if you qualify.

Notably, individuals are only eligible for the premium assistance tax credit if they are enrolled in a qualifying health plan (QHP), which means coverage that is offered through an exchange, provides essential health benefits, and meets actuarial requirements.

However, it's also possible for you to get a mortgage tax credit if you qualify.

Can you claim the child tax credit if unemployment benefits were your only source of income?

Can you claim a child tax credit if Social Security is your only source of income?

The first $ 2,000 is eligible for the Pension Tax Credit if you are 65 or older.

Keep in mind, though, you can't take advantage of the premium tax credit if you have an employer - paid option.

You may claim this tax credit if paying tuition on behalf of your dependents, but the total amount you claim can not exceed $ 2,000.

As the tax credit was purely a notional amount, it was not possible to reclaim the tax credit if you were a non-tax payer.

You will be allowed an additional 25 % tax credit if you are a first time donor who made cash donations in 2017 up to $ 1,000.

The income threshold needed to qualify to claim the child tax credit if it exceeds your regular income tax bill is $ 3,000.

To encourage first - time home buyers, the government will refund up to $ 5,000 as a tax credit if you meet both of the following requirements: 1.

Family Caregiver Tax Credit If you are a caregiver for a spouse, partner or family member with a mental or physical impairment, you may be eligible to claim up to $ 2,058 for a non-refundable tax credit of up to $ 309.

Learn whether you can claim the earned income tax credit if you are married and filing separately with advice from the tax experts at H&R Block.

If you meet all other requirements but the amount of tax you owe at the end of the year is either zero or an amount that is less than the credit, you can not claim the full child tax credit of $ 1,000; however, you may be eligible for the reduced additional child tax credit if you complete IRS Form 8812.

He has touted a federal version of Florida's tax credit scholarship program, which gives corporations and businesses a tax credit if they donate money to state - approved nonprofit organizations that award scholarships to low - income students to attend private and religious schools.

A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer's own dependent.

It would offer individuals and / or corporations a federal tax credit if they donated to scholarship (i.e., voucher) programs in states with their own tax credit initiatives.

One proposal would offer individuals and / or corporations a federal tax credit if they donate to voucher programs.

Manufacturers also receive a 20 percent real property tax credit if they own or lease property.

Well, if I told you there was a tax credit if you formed a C corp that lowered your rate from 28 % to 14 % but still had an AMT phase - out — I probably lost you at C Corp..

There's also an additional credit added to encourage more businesses to pay for leave, giving them 12.5 to 25 percent of a tax credit if they offer paid leave to their employees.

You earn the full tax credit if your income is $ 80,000 or less, or $ 160,000 or less if married filing jointly.

However, it's also possible for you to get a mortgage tax credit if you qualify.

The pumped - up PM was put on the spot about whether he would cut child benefit or tax credits if he wins next week's election.

The shadow chancellor suggested his party could support a revised plan to cut tax credits if «real protection» is given to low - income families.

«This threat of people losing tax credits if we're not within the tax cap... the town board may have to make some tough decisions in the future.»

A new South Dakota law allows insurance companies sizable tax credits if they fund vouchers for students to attend private schools, but companies have yet to put forth the cash.

I wish I were buying a primary house today (since they are cheap, and have generous tax credits if you are a first time buyer), instead of 10 years ago.