Deduction Calculation Sample Clauses

Deduction Calculation. If your MAGI is equal to or is less than the applicable Low End number in the chart based on your tax-filing status, then you may deduct your entire regular (including catch-up) IRA contribution. If your MAGI meets or exceeds the High End number, you may not deduct any portion of your contribution. If your MAGI is between the Low End and High End numbers, which is the phaseout range, see your tax or legal professional for assistance in determining your deduction amount. IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs), and the instructions to your federal income tax return also contain helpful calculation information.
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Deduction Calculation. If your MAGI is equal to or is less than the applicable Low End number in the chart based on your tax-filing status, then you may deduct your entire regular (including catch-up) IRA contribution. If your MAGI meets or exceeds the High End * The regular and catch-up IRA contribution limits are subject to number, you may not deduct any portion of your contribution. If annual cost-of-living adjustments, if any. your MAGI is between the Low End and High End numbers, which
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Deduction Calculation. 3 9.04.1 CITY shall make a Residential Recyclable Materials Diversion 4 Disincentive deduction for each calendar year in which CONTRACTOR fails to achieve 5 the applicable RRM diversion standard. CONTRACTOR’s annual RRM Diversion 6 Disincentive deduction shall be determined by CITY based on the results of the data 7 submitted by CONTRACTOR through the Consolidated Utility Billing System during 8 the preceding calendar year, as verified by CITY. CONTRACTOR’s annual RRM
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Deduction Calculation. 24 9.04.1 CITY shall make a Residential Recyclable Materials Diversion 25 Disincentive deduction for each calendar year in which CONTRACTOR fails to achieve the 26 applicable RRM diversion standard. CONTRACTOR’s annual RRM Diversion Disincentive 27 deduction shall be determined by CITY based on the results of the data submitted by 28 CONTRACTOR through the Consolidated Utility Billing System during the preceding 29 calendar year, as verified by CITY. CONTRACTOR’s annual RRM Diversion Disincentive 30 deduction shall be determined separately for each District. In the event CONTRACTOR is 31 determined to owe the annual RRM Diversion Disincentive deduction for a District, such 32 deduction shall be calculated as follows:
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Related to Deduction Calculation

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report.

  • Proration of calculations If less than total program funding is subject to interest calculation procedures, the resulting interest liability calculations shall be prorated to 100% of program funding.

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