noun. The following is provided to families with a dependent child under age 18 who qualifies for the Federal Earned Income Tax Credit: State Earned Income Tax Credit: This refundable credit supplements the earned income of lower income workers who have children living with them. Latest Breaking News, Headlines & Updates | National Post For purposes of such opinion, the value of any noncash benefits or any deferred payment or benefit shall be determined by the Companys independent auditors in accordance with the principles of Section 280G(d)(3) and (4) of the Code (or any successor provisions), which determination shall be evidenced in a certificate of such auditors addressed to the Company and the Executive. November 15, 2022. NBA News, Scores, Standings & Stats | FOX Sports Use earn in a sentence | The best 500 earn sentence examples Maximum Potential Gross-up Payment Liability. Of this land a third of the net income is claimed by the State. 5 % increase in earned premium income was exceeded bya rise of 27 . Linguazza.com website aggregates word and phrase usages for educational and informational purposes News X Close Publication 590-B (2021), Distributions from Individual Retirement The earned income credit is a special credit for lower-income workers. There is a fee for seeing pages and other features. Annual income means all amounts, monetary or not, which: Other Income Benefits means any benefits listed in the Other Income Benefits provision that you receive on your own behalf or for your dependents, or which your dependents receive because of your entitlement to Other Income Benefits. The Agricultural Experience Tracker (AET) All rights reserved. Income Earned income from employment, f isheries How to connect income with other words to make correct English sentences. And it made no attempt to cut the Earned Income Tax Credit. Earned pronunciation. What is an example of income? Please, follow the link placed under each quote to get to the original website. related terms and expressions, topic Whitman called for an earned income tax credit for the working Earned income Income Definition | Law Insider His large income enables him to travel abroad every year. The claimant put this in his claim form at 6.7% of annual salary. All Rights Reserved. Additional filters are available in search. Disclaimer Income from routine or everyday activities, such as the operations of a business or the labor of an individual. Core Earnings means the net income (loss), computed in accordance with GAAP, excluding (i) non-cash equity compensation expense, (ii) the Incentive Compensation, (iii) acquisition fees, (iv) financing fees, (v) depreciation and amortization, (vi) any unrealized gains or losses or other non-cash items that are included in net income for the applicable reporting period, regardless of whether such items are included in other comprehensive income or loss, or in net income, and (vii) one-time events pursuant to changes in GAAP and certain non-cash charges, in each case after discussions between the Manager and the Independent Directors and approved by a majority of the Independent Directors. "hard earned" (1) Go ahead, give America all your hard earned money. As of 1999, an experienced tunnel worker in New York earned more than $100,000 a year. _Expand income limit for earned income tax credit by $ 3, 000. Farming is his main source of income. Bribery scandal casts focus on ad firms working with Olympics 21) Through cash-for-work programs in the immediate aftermath, which created jobs to clean up and rebuild damaged infrastructure, over 84,000 workers and their families, 22) Twelve million families will benefit from a $1, 000 child tax credit and an expanded, 23) Hannah got a job at a local restaurant, which meant she had, 24) We had made a dent in the problem by doubling the, 25) If we were in a situation where my husband was making a significantly smaller income, then strictly from an, 26) Twelve million families with twenty-four million children will benefit from extensions of the, 27) They want to include a reduction of the income tax rate on unearned income from 70 per cent to the 50 per cent top rate on, 28) During Mr. Reagan's time in office, the top marginal tax rate on, 29) The new method for the first time adds the value of food stamps, school lunches, housing subsidies and the, 30) Fifth, to help working families with children through difficult times, we increased the. Any reader can search newspapers.com by registering. For some families, there's a marriage bonus in the, Apologists for this regressivity often take refuge in the so-called, "I don't think we should ration things like " the, Other differences involve the way benefits from capital gains and the, In that case, the taxpayer is still considered married for purposes of the, The city income tax also features a number of fully refundable tax credits, including an, "They're checking every Social Security number and name against the Social Security numbers for the, She gets about $ 3, 200 back at the end of the year, thanks to the, The bill would provide for adjustments to the standard deduction, a 15 percent rate bracket and, According to a General Accounting Office analysis, about 4.3 million households were eligible for the, Enacted in 1975 under President Ford, the. Copyright 2016 sentencedict.com All Rights Reserved Contact. Annual Earnings means your gross annual income from your Employer in effect just prior to the date of loss. Several insurers which recorded underwriting losses also registered earned premium income of less than RM30 million each. earned income credits in a sentence - earned income credits sentence Examples of 'earned income' in a sentence | Collins English Sentences Income in a sentence EARNED INCOME TAX CREDIT in a sentence | Usage examples From (68) Penny saved is a penny earned The remittance basis does not apply to other types of earned income arising in the Republic of Ireland. PREV WORD NEXT WORD If the licensee has a domicile within the Municipality, business done within the Municipality shall include all gross receipts or revenue received or accrued by such licensee. How to use, write and learn interest earned in a sentence? Aerocity Escorts @9831443300 provides the best Escort Service in Aerocity. earned The Earned Income Tax Credit (EITC) increases with earnings and then phases out. There is no income tax deduction for contributing to a TFSA; however, As a shareholder, you are entitled to your pro-rata portion of, The schemes date back to 2000, and the complaint charges the speaker with multiple counts of fraud and using the power and influence of his official position to obtain for himself millions of dollars in bribes and kickbacks masked as legitimate, Answer: The money contributed to an IRA doesn't have to be earnings, necessarily, but your friend or his spouse must have, The biggest reason people over 50 are buying life insurance is to protect their family during these critical, On the second ground, the majority of the Court of Appeal found the appellant failed to establish the trial judge erred in assessing the claim for loss of future, Earning per share, also called net income per share, measures the amount of net. By signing in, you agree to our Terms and Conditions "Income" in a Sentence (with Audio) - Basic English Speaking The PLATO system was launched in 1960, after being developed at the University of Illinois and subsequently commercially marketed by Control Data Corporation.It offered early forms of social media features with 1973-era innovations such as Notes, PLATO's message-forum application; TERM-talk, its instant-messaging feature; Talkomatic, perhaps the first online chat room; News In 1386, Garro had earned income of Cinco Villas ( Navarra ). The opinion of National Tax Counsel shall be addressed to the Company and the Executive and shall be binding upon the Company and the Executive. Back to 3000 Most Common Words in English An example of an income is a $70,000 a year salary. Earned income definition and meaning - Collins Dictionary Earned: In a Sentence 0. EARNED INCOME Iwate museum destroyed in 3/11 tsunami reopens after 11 years. , Hillary earned several hundred dollars selling jewelry in a booth at the county fair. (67) He earned enormous sums of money. The brave soldier earned a gold star for protecting his country while fighting in the war. 0. Net Income or Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnerships net income or loss for such year or period as determined for federal income tax purposes by the Accountants, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), with the following adjustments: (a) by including as an item of gross income any tax-exempt income received by the Partnership (b) by treating as a deductible expense any expenditure of the Partnership described in Section 705(a)(2)(B) of the Code (including amounts paid or incurred to organize the Partnership (unless an election is made pursuant to Code Section 709(b)) or to promote the sale of interests in the Partnership and by treating deductions for any losses incurred in connection with the sale or exchange of Partnership property disallowed pursuant to Section 267(a)(1) or Section 707(b) of the Code as expenditures described in Section 705(a)(2)(B) of the Code); (c) in lieu of depreciation, depletion, amortization, and other cost recovery deductions taken into account in computing total income or loss, there shall be taken into account Depreciation; (d) gain or loss resulting from any disposition of Partnership property with respect to which gain or loss is recognized for federal income tax purposes shall be computed by reference to the Gross Asset Value of such property rather than its adjusted tax basis; and (e) in the event of an adjustment of the Gross Asset Value of any Partnership asset which requires that the Capital Accounts of the Partnership be adjusted pursuant to Regulations Section 1.704-1(b)(2)(iv)(e), (f) and (m), the amount of such adjustment is to be taken into account as additional Net Income or Net Loss pursuant to Exhibit B. Intangible income means income of any of the following types: income yield, interest, capital gains, dividends, or other income arising from the ownership, sale, exchange, or other disposition of intangible property including, but not limited to, investments, deposits, money, or credits as those terms are defined in Chapter 5701. of the Ohio Revised Code, and patents, copyrights, trademarks, trade names, investments in real estate investment trusts, investments in regulated investment companies, and appreciation on deferred compensation. Use earned in a sentence | The best 500 earned sentence The Earned Income Tax Credit program also does NOT use the poverty guidelines to determine eligibility. Search phrases with a word or a set of words, find usages in context, see 1402 Get the latest science news and technology news, read tech reviews and more at ABC News. Program income includes, but is not limited to, income from fees for serv- ices performed, the use or rental of real or personal property acquired under federally-funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. For purposes of the preceding sentence, substituted relating to citizens or residents of the United States living abroad for relating to income earned by individuals in certain camps outside the United States in cl. Save my name, email, and website in this browser for the next time I comment. (66) i hear he's more than earned it. 5 % increase in, In 1996, the industry recorded earned premium income of RM4 . earned in a sentence 2022 LoveToKnow Media. News from San Diego's North County, covering Oceanside, Escondido, Encinitas, Vista, San Marcos, Solana Beach, Del Mar and Fallbrook. They do not represent the opinions of YourDictionary.com. Income in a Sentence ? Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof. It includes your total income before taxes. Because the couples monthly income was too high, they could not get government help with food. 30b ) The 1996 24 . Individuals Opinion & Reviews - Wall Street Journal Well being Physicist harrrp.ca/ Job At La, Illinois - Track not only income and expenses, but capital items such as livestock, heavy equipment, and other necessary assets for project management. His annual income is more than $100,000. Income in a sentence Earned Income Tax Credit (EITC) A federal refundable tax credit for low or moderate income working individuals and families. Achiever Papers - We help students improve their academic standing Earned Income means the net earnings of a Self-Employed Individual derived from the trade or business with respect to which the Plan is established and for which the personal services of such individual are a material income-providing factor, excluding any items not included in gross income and the deductions allocated to such items, except that for taxable years beginning after December 31, 1989 net earnings shall be determined with regard to the deduction allowed under Section 164(f) of the Code, to the extent applicable to the Employer. The gross receipts or gross revenues for business license purposes may be verified by inspection of returns and reports filed with the Internal Revenue Service, the South Carolina Department of Revenue, the South Carolina Department of Insurance, or other government agencies. 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