Sentences with phrase «threshold for joint filers»
[2] ATRA also temporarily extended the higher earned income tax credit phaseout threshold for joint filers.
http://www.taxpolicycenter.org/ Not exact matches
Tax filers who qualified for less than $ 300 of the full basic credit ($ 600 for joint filers) could get $ 300 ($ 600 for joint filers) if they had either (1) at least $ 3,000 in earnings, Social Security benefits, and veteran's payments or (2) net income tax liability of at least $ 1 and gross income above specified thresholds.
The thresholds are $ 110,000 for those filing married, joint returns, $ 75,000 for single filers, and $ 55,000 for those filing as married, separate.
In 2017 through 2019, the threshold is $ 85,000 for individual tax return filers and $ 170,000 for joint return filers.
Joint filers mostly receive higher income thresholds for certain taxes and deductions — this means they can earn a larger amount of income and potentially qualify for certain tax breaks.
Must have MAGI (Modified Adjusted Gross Income) under certain thresholds (see «Single Filers» or «Joint Filers» for additional information).
If your total taxable income exceeds a certain threshold — $ 25,000 for single filers, $ 32,000 for joint filers — then your Social Security benefits may be taxed.
Joint filers mostly receive higher income thresholds for certain taxes and deductions — this means they can earn a larger amount of income and potentially qualify for certain tax breaks.