Homestead Deduction Sample Clauses

Homestead Deduction. To apply for the Homestead Deduction, you must: 1) be domiciled in the District of Columbia; 2) answer all the questions in PART I; 3) sign and date the application in PART IV; and, 4) file this application with the Office of Tax and Revenue.
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Related to Homestead Deduction

  • Union Dues Deduction The Company will deduct union dues from new employees who have worked a minimum of forty (40) hours.

  • Membership Dues Deduction Any unit member who is a member of the Teachers 20 Association of Long Beach, CTA-NEA, or who has applied for membership, may 21 pay a lump sum cash payment to the Association or sign and deliver to the District 22 an assignment authorizing deduction of unified membership dues, initiation fees and 23 general assessments in the Association. Pursuant to such authorization, the District 24 shall deduct one-tenth (1/10) of such dues from the regular salary warrant of the unit 26 authorization after the commencement of the school year shall have deducted one- 28 periods.

  • Dues Deduction 6.2.1 The District shall deduct, in accordance with the CSEA dues and service fee schedule approved by the CSEA delegates, dues from the wages of all employees who are members of CSEA on the date of the execution of this Agreement, and who have submitted dues authorization forms to the District.

  • Early Distribution Penalty Tax If you receive a Traditional IRA distribution or a nonqualified Xxxx XXX distribution before you attain age 59½, an additional early distribution penalty tax of 10 percent generally will apply to the taxable amount of the distribution unless one of the following exceptions apply. 1)

  • No deduction All amounts due or payable by either party under this contract shall be paid free and clear of any deduction, withholding or set off, except:

  • Developer Payments Not Taxable The Developer and Connecting Transmission Owner intend that all payments or property transfers made by Developer to Connecting Transmission Owner for the installation of the Connecting Transmission Owner’s Attachment Facilities and the System Upgrade Facilities and the System Deliverability Upgrades shall be non-taxable, either as contributions to capital, or as an advance, in accordance with the Internal Revenue Code and any applicable state income tax laws and shall not be taxable as contributions in aid of construction or otherwise under the Internal Revenue Code and any applicable state income tax laws.

  • Deduction Sick leave allowed shall be deducted from the accumulated sick leave days earned by the employee.

  • Union Dues Deductions It shall be a condition of employment for all Nurses in the Bargaining Unit, that dues be deducted from their bi-weekly salary in the amount determined by the Union. The deductions for newly employed Nurses shall be in the first pay period of employment. The dues shall be submitted monthly to the Union together with a list of the Nurses from whom the deductions were made.

  • How Are Distributions From a Traditional IRA Taxed for Federal Income Tax Purposes Amounts distributed to you are generally includable in your gross income in the taxable year you receive them and are taxable as ordinary income. To the extent, however, that any part of a distribution constitutes a return of your nondeductible contributions, it will not be included in your income. The amount of any distribution excludable from income is the portion that bears the same ratio as your aggregate non-deductible contributions bear to the balance of your Traditional IRA at the end of the year (calculated after adding back distributions during the year). For this purpose, all of your Traditional IRAs are treated as a single Traditional IRA. Furthermore, all distributions from a Traditional IRA during a taxable year are to be treated as one distribution. The aggregate amount of distributions excludable from income for all years cannot exceed the aggregate non-deductible contributions for all calendar years. You must elect the withholding treatment of your distribution, as described in paragraph 22 below. No distribution to you or anyone else from a Traditional IRA can qualify for capital gains treatment under the federal income tax laws. Similarly, you are not entitled to the special five- or ten-year averaging rule for lump-sum distributions that may be available to persons receiving distributions from certain other types of retirement plans. Historically, so-called “excess distributions” to you as well as “excess accumulations” remaining in your account as of your date of death were subject to additional taxes. These additional taxes no longer apply. Any distribution that is properly rolled over will not be includable in your gross income.

  • Association Dues Deduction ‌ When the Association provides written authorization to the Employer for deduction of membership dues, the Employer will deduct from the employee’s salary, an amount equal to the dues required to be a member of the Association, depending on their permanent or non-permanent dues rate. The Agency will provide payments for all said deductions to the Association each pay period.

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