Sentences with phrase «treated as distribution»

It is possible that the IRS or a court could assert that the policy has been effectively terminated and the outstanding loan balance should be treated as a distribution — all or a portion of which could be taxable when the rider is exercised.

Unpaid loans will reduce the cash value and death benefit payable, and if the policy lapses with a loan outstanding, it will be treated as a distribution and may be subject to income tax.

Unpaid loans will reduce the cash value and death benefit payable, and if the policy lapses with a loan outstanding, it will be treated as a distribution and may be subject to income tax.

For instance, if you lose your job while repaying your loan, you may have to pay the balance owed in full or have the remaining balance treated as a distribution, which requires paying taxes and penalties.

If you lose your job the loan will become due and payable immediately and the defaulted loan will be treated as a distribution.

All our channels should be treated as distribution platforms, not sales platforms.

Furthermore, loans from life insurance policies are not subject to tax; loans from annuities, if permitted, are treated as distributions and taxed under the interest - first rule (i.e., loan proceeds are subject to the regular income tax and may be subject to the 10 percent penalty tax).

Loan proceeds: Policy loans under non-MEC life insurance policies are not treated as distributions.

Not exact matches

Accordingly, notwithstanding receipt of the IRS private letter ruling and / or opinions of counsel or other external tax advisors, the IRS could determine that the distribution and certain related transactions should be treated as taxable transactions for U.S. federal income tax purposes if it determines that any of the facts, assumptions, representations, statements or undertakings that were included in the request for the IRS private letter ruling or on which any opinion was based are false or have been violated.

Many analysts treat cord - cutting as an existential threat to the business model of TV networks, but it's really just a change to the means of distribution.

If you take partial, periodic distributions from the account, the distributions will be treated as gains first until all of the «gain layer» is depleted and taxed accordingly.

The potential tax benefits from investing in MLPs depend on their being treated as partnerships for federal income tax purposes and, if the MLP is deemed to be a corporation, then its income would be subject to federal taxation at the entity level, reducing the amount of cash available for distribution to the fund which could result in a reduction of the fund's value.

The theory treats this matter chiefly under the heading of Pareto optimality, and this treatment makes clear that distribution is not the economist's concern as economist.

All entries and information received by Allsports Distribution Ltd is treated as confidential.

The data - driven utopia of Silicon Valley treats free markets as a background structure beyond contestation and sees the solution to social ills in terms of the optimal distribution of relevant information and incentives («nudges»).

The PSMP aims to accelerate private sector workplace investments in malaria prevention as it will support employers by facilitating cost - effective Insecticide Treated Net (ITN) distribution plans while providing workplace malaria education sessions for company staff and community members.

We suspect that this is because that they treat our distribution to over 1,000 e-mail addresses as «Spam.»

Distributions in the course of winding up are normally treated as capital.

All surface and ground water entering New York City's drinking water distribution system is currently treated with fluoride (pdf) to help prevent tooth decay as well as chlorine to kill deleterious microbes as designated by the New York State Sanitary Code and the SDWA.

Vector borne disease control often relies on universal distribution of interventions, such as long - lasting insecticide treated bednets for malaria and mass drug administration for filariasis.

The buzz surrounding Trick» r Treat, though, in particular the Internet outrage over the studio's alleged mishandling of it, is peculiarly deafening and — as with most buzz around most projects falsely promised theatrical distribution — in large part hysterical and unjustified.

I treat the schools as if they were a random sample from some unknown distribution, so that the schools are exchangeable.

For inference, I shall use bootstrap methods, based on treating the schools as a random sample from some unknown distribution.

CreateSpace offers a number of distribution options, but you can treat it as just a printer, too.

For my short story, since I wanted it to be the same level of quality as my novels, I treated it the same as far as distribution.

Stretch IRAs are especially beneficial when used with Roth IRAs, because distributions are generally tax free, while traditional IRA distributions are treated as ordinary income.

Hartford Funds may take certain actions, such as fund mergers or cash distributions treated as a return of capital, which may affect the cost basis of mutual fund shares you hold.

For example, I hold ETFs whose distributions are automatically reinvested, but my account screen treats them as new contributions, which overstates the book value (what I paid for the ETF holding).

The basic point is that non-qualified distributions are treated as earnings.

Or some distributions may also have been treated as a return of capital and reduced the cost.

If your mutual fund invests in municipal bonds or other state and local government obligations, some or all its distributions will be treated as exempt interest.

The earnings distributed from the traditional IRA, however, will be treated as taxable income, whereas qualified distributions of earnings from a Roth IRA are tax free.

Even after you meet the five - year test, only certain types of distributions are treated as qualified distributions.

The part that isn't rolled over is treated as coming first from the nontaxable portion of the distribution.

Generally, distributions from a traditional IRA are treated as ordinary income and may be subject to income taxes; furthermore, the distributed amount may be subjected to early - distribution penalties if the amount is withdrawn while you are under the age of 59 1/2.

LLCs in the U.S. use pass - through taxation (unless you intentionally elect to have the LLC treated as a corporation for tax purposes, which some people do), so whatever the principals receive in distribution is personally taxable.

These are companies that make distributions that are treated as a return of capital, instead of dividends.

You don't need a QDRO to transfer IRA funds, but the transfer should be spelled out in the divorce agreement so that it's not treated as a taxable distribution to the IRA owner.

The owner of the IRA may not treat more than $ 10,000 as qualified first - time homebuyer distributions (a lifetime limitation).

If you take money out of your IRA and then run into a last minute snag that prevents you from using the money within this time limit, you're permitted to contribute the money back to your IRA (or to a new IRA) within the 120 - day limit and treat the distribution and contribution as a rollover.

Can we treat half the distribution aas income for one spouse and half as income for the other, even if coming out of a single account?»

As a general rule, however, distributions and conversions from traditional retirement accounts that include both after - tax and pre-tax dollars will be treated as a blend of dollars from the two categorieAs a general rule, however, distributions and conversions from traditional retirement accounts that include both after - tax and pre-tax dollars will be treated as a blend of dollars from the two categorieas a blend of dollars from the two categories.

Treasury Regulation 1.404 (a)-3 (d) says that a retirement account's ongoing investment advisory fee can be paid directly from the account without being treated as a taxable distribution.

Investment advisory fees can be paid directly from an IRA account without being treated as a taxable distribution.

Will this distribution be treated as «qualified»?

The Managed Payout Fund is not guaranteed to achieve its investment objectives, is subject to loss, and some of its distributions may be treated in part as a return of capital.

The amount that's treated as a long - term loss is limited to the amount of the capital gain distribution or allocation you received.

So if your loss is greater than the amount of that distribution or allocation, the remaining portion of the loss is treated as a short - term capital loss.

Distributions will be treated as ordinary income and may be subjected to an early - distribution penalty if withdrawn while the owner is under the age of 59 1/2

Pre-tax assets that are converted from a Traditional IRA or another eligible retirement plan to a Roth IRA are treated as a taxable distribution and are subject to ordinary income tax rates in the year of the conversion.