Sentences with phrase «than his total income»

The type of income DOES matter, and many millionaires» effective tax rate is less than their total income if they receive portfolio and passive income.

These charts represent your taxable income which under most circumstances will be lower than your total income.

The rough summary is that, since your long - term gains alone are always smaller than your total income (including short - term gains), the various lines which tell you to enter «the smaller of X or Y» result in you entering your long - term gains (or portions of them falling into various brackets), on which the preferential tax is then computed.

Is my debt lower than my total income?

Not exact matches

Not even one of the worst hurricane seasons in history has thrown the stock off course: Total revenue has grown more than 13 % — and net income nearly 43 % — over the past 12 months.

The income pays for day - to - date expenses, and research has shown that companies with a yield tend to post higher long - term total returns than those without.

At the top end, the 0.75 % of individuals who made more than $ 250,000 per year had 11 % of total income and paid 21 % of the total tax.

Almost half (46 %) of all filers made less than $ 25,000 per year representing 13 % of total income but they only paid 2.2 % of the total tax.

«It resembles the difference between GDP and GDP per capita, which expands a lot more slowly than total national income,» he says.

So even though MDY paid the couple salaries totaling more than $ 170,000 last year, Moerdler and Datskovsky were obligated to pay income tax on considerably more than that, ending up with a combined take - home income of about $ 120,000.

More than 10 million people rely on freelance gigs for more than half of their total income.

This bank, based in Wayne, N.J., generates more than 80 % of its total revenues from net interest income.

Even though there's no state income tax, the total taxes paid in Texas are higher than in more than half of the states.

Georgia ranks 17th for total taxes paid but 15th for taxes paid as a percentage of income because the median household income is higher here than in some states with lower tax burdens.

Even though Nevada has no state income tax, the total taxes paid here are higher than in half of the states.

The total tax burden paid in Maine is lower than in half of the states because federal income taxes paid are low as a result of the state's low median household income.

The method employed by the IRS used to estimate the total amount of underreported income of all nonfarm sole proprietorships, or gross tax gap, rather than the average amount of underreporting of households led by unincorporated self - employed individuals.

The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested

However, because the income return in each of these years was sizable, no single year resulted in a total return loss greater than 3 percent.

While these funds have the potential to provide high income and total returns, they are riskier and more volatile than their investment grade counterparts.

This may involve using privatization proceeds to pay down debt, higher corporate taxes, and even higher income taxes if other forms of wealth transfer are robust enough to support them, but one way or another total government debt must be reduced, or at least its growth must be contained to les than real GDP growth.

As a share of total household sector disposable income, the cash flow effect in this scenario is estimated be less than 0.2 per cent on average per annum over each of the next three years (Graph 7).

Our total company slightly exceeded the challenging target operating income goals established by the CNGC, and our operating income performance was stronger during fiscal 2013 than during fiscal 2012.

You can qualify for forbearance if your payments total more than 20 percent of your gross income, you are experiencing financial hardship, or are battling an illness.

Under this guideline, you can only write off certain costs if the total amount is equal to more than 2 % of your adjusted gross income (AGI).

If total retirement income is less than $ 12,000, it is essentially tax - free.

Seniors who rely solely on Social Security and other retirement income totaling less than $ 12,000 do not have to pay state taxes on retirement income in Virginia.

This means that you should spend no more than 28 percent of your gross monthly income on total housing expenses, and no more than 36 percent on total debt service (including the new mortgage payment).

The total asset base, rather than the income generated from it, is what matters most, and that was totally absent from that chart.

Some mortgage underwriters base decisions on the percentage of your total student loan balance rather than using your monthly payment amounts under an income - driven repayment plan.

Throw in the most recent year's $ 365 billion in dividends, and the total amount returned to shareholders reaches $ 885 billion, more than the companies» combined net income of $ 847 billion.

On top of that, your total debt - to - income ratio should be no more than 45 percent with your loan.

Single - earner couples, so his logic goes, aren't getting a fair shake in being taxed more than their dual - earner couple counterparts with the same total income.

If you pay more than the total amount due and don't target your payment, we will apply the extra amount toward a future bill (if you have one), unless you qualify for a $ 0.00 payment with Income - Driven Repayment.

The PIMCO Enhanced Short Maturity Active ETF is an actively managed fund that seeks to provide greater income and total return potential than money market funds by investing in ultra-short-term debt securities.

Even more staggering, Toronto is home to 12 billionaires with a total net worth in excess of $ 56 billion; this is roughly 100,000 times greater than the income of the average Torontonian.

These days, most lenders want to see a total debt - to - income ratio no higher than 43 %, though that number is not set in stone.

This means that if your total monthly debt — including the mortgage payment — uses up more than 43 % of your monthly income, you could have trouble qualifying for a 30 - year fixed - rate mortgage.

This means a borrower's total recurring debts should add up to no more than 43 % of his or her gross monthly income.

Total passive dividend income for Mar: $ 2504.83, it was little higher than normal due to HCP paying this month, rather than last month in Feb..

Since total return is comprised of income (via dividends or distributions) and capital gain, with the former counting much more over the long term, the case for this stock having a great 2018 is certainly already there based on that higher - than - average yield.

One sound benchmark to adhere to is the 36 % rule: The total sum of all your debts should be no more than 36 % of your gross income.

Generally speaking, they limit the borrower's total debt to no more than 43 % of gross monthly income.

Bottom line: Total Other Income grew by 70 % YoY, much faster than every other income stream because I was able to take aIncome grew by 70 % YoY, much faster than every other income stream because I was able to take aincome stream because I was able to take action.

«to provide a level of protection from the effects of inflation by generating a total return (the combination of income and growth of capital) consistent with or greater than the rate of UK inflation over a rolling three - to five - year period.

«A typical approved applicant will have total unsecured debt of less than 30 percent of gross annual income,» says Foley.

In general, a mortgage lender will approve a mortgage with payments of no more than 28 percent of your income, and total recurring debt payments of 36 percent of your income, though this number can go as high as 43 percent in some cases.

After 10 years, the investor owns 134 shares, the total investment is worth over $ 8,300, and the dividend income is more than $ 268 / year.

Starting next year, you won't be able to deduct more than $ 10,000 of the combined total of your state and local income taxes and your local property taxes on your personal federal income tax return (or sales plus property taxes in states where there is no income tax).

The total charitable deduction on your tax return can not be more than 50 % of your AGI (adjusted gross income).