Common use of Tax Credit for Contributions Clause in Contracts

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not Over $43,500 $32,625 $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which that the credit is sought and ends on the tax return due date (including extensions) for the year for which that the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 2012 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Applicable Percentage $1 – 34,500 $1 – 25,875 $1 – 17,250 50 34,501 – 37,500 25,876 – 28,125 17,251 – 18,750 20 37,501 – 57,500 28,126 – 43,125 18,751 – 28,750 10 Over Not 57,500 Over $43,500 $32,625 $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 43,125 Over 28,750 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time full‐time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 2015 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not $1 – 36,500 $1 – 27,375 $1 – 18,250 50 $36,501 – 39,500 $27,376 – 29,625 $18,251 – 19,750 20 $39,501 – 61,000 $29,626 – 45,750 $19,751 – 30,500 10 Over $43,500 61,000 Over $32,625 45,750 Over $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 30,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living cost‐of‐living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Applicable Percentage Joint Return Head of Household All Other Cases Over Not Over Head of a Household Over Not Over All Other Cases Over Not Over $43,500 $32,625 $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx SIMPLE XXX contributionsdeferrals. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions deferrals made to your Xxxx SIMPLE XXX and reduce these contributions by any distributions that you may have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 2016 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not $1 – 37,000 $1 – 27,750 $1 – 18,500 50 $37,001 – 40,000 $27,751 – 30,000 $18,501 – 20,000 20 $40,001 – 61,500 $30,001 – 46,125 $20,001 – 30,750 10 Over $43,500 61,500 Over $32,625 46,125 Over $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 30,750 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are •  age 18 or older as of the close of the taxable year, •  not a dependent of another taxpayer, and •  not a full-time full‐time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 2015 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not $1 – 36,500 $1 – 27,375 $1 – 18,250 50 $36,501 – 39,500 $27,376 – 29,625 $18,251 – 19,750 20 $39,501 – 61,000 $29,626 – 45,750 $19,751 – 30,500 10 Over $43,500 61,000 Over $32,625 45,750 Over $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 30,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living cost‐of‐living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over HouseholdOver Not Over All Other Cases Over Not Over $43,500 $32,625 $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are •  age 18 or older as of the close of the taxable year, •  not a dependent of another taxpayer, and •  not a full-time full‐time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which that the credit is sought and ends on the tax return due date (including extensions) for the year for which that the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 2015 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not $1 – 36,500 $1 – 27,375 $1 – 18,250 50 $36,501 – 39,500 $27,376 – 29,625 $18,251 – 19,750 20 $39,501 – 61,000 $29,626 – 45,750 $19,751 – 30,500 10 Over $43,500 61,000 Over $32,625 45,750 Over $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 30,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living cost‐of‐living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributionsSIMPLE IRA deferrals. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions deferrals made to your Xxxx XXX SIMPLE IRA and reduce these contributions by any distributions that you may have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over HouseholdOver Not Over All Other Cases Over Not Over $43,500 $32,625 $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are •  age 18 or older as of the close of the taxable year, •  not a dependent of another taxpayer, and •  not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 2015 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not $1 – 36,500 $1 – 27,375 $1 – 18,250 50 $36,501 – 39,500 $27,376 – 29,625 $18,251 – 19,750 20 $39,501 – 61,000 $29,626 – 45,750 $19,751 – 30,500 10 Over $43,500 61,000 Over $32,625 45,750 Over $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 30,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases $1 – 30,000 $1 – 15,000 50 30,001 – $1 – 22,500 15,001 – 20 32,500 22,501 – 24,375 16,250 10 32,501 – 24,376 – 37,500 16,251 – 0 50,000 Over Not 37,500 25,000 Over $43,500 $32,625 $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 0 50,000 Over 25,000 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, Islands and Puerto Rico. AGI limits are subject to cost-of-living adjustments each yearfor tax years beginning after 2006.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not $1–$34,500 $1–$25,875 $1–$17,250 50 $34,501–$37,500 $25,876–$28,125 $17,251–$18,750 20 $37,501–$57,500 $28,126–$43,125 $18,751–$28,750 10 Over $43,500 57,500 Over $32,625 43,125 Over $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 28,750 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, Islands and Puerto Rico. AGI limits are subject to cost-of-living adjustments for tax years beginning each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributionsSIMPLE IRA deferrals. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions deferrals made to your Xxxx XXX SIMPLE IRA and reduce these contributions by any distributions that you may have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household All Other Cases Over Not Over All Other Cases Over Not Over Over Not Over $43,500 $32,625 $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributionsSIMPLE IRA deferrals. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions deferrals made to your Xxxx XXX SIMPLE IRA and reduce these contributions by any distributions that you may have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 2015 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not $1 – 36,500 $1 – 27,375 $1 – 18,250 50 $36,501 – 39,500 $27,376 – 29,625 $18,251 – 19,750 20 $39,501 – 61,000 $29,626 – 45,750 $19,751 – 30,500 10 Over $43,500 61,000 Over $32,625 45,750 Over $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 30,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Income*‌‌‌‌ Applicable Percentage Joint Return Head of Household All Other Cases Over Not Over Head of a Household Over Not Over All Other Cases Over Not Over $43,500 $32,625 $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

Tax Credit for Contributions. You may be eligible to receive a tax credit for your Xxxx XXX contributions. This credit may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your Xxxx XXX and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. 2023 Adjusted Gross Income* Applicable Percentage Joint Return Over Not Over Head of a Household Over Not Over All Other Cases Over Not $1–$34,500 $1–$25,875 $1–$17,250 50 $34,501–$37,500 $25,876–$28,125 $17,251–$18,750 20 $37,501–$57,500 $28,126–$43,125 $18,751–$28,750 10 Over $43,500 57,500 Over $32,625 43,125 Over $21,750 50 $43,500 $47,500 $32,625 $35,625 $21,750 $23,750 20 $47,500 $73,000 $35,625 $54,750 $23,750 $36,500 10 $73,000 $54,750 $36,500 28,750 0 *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, Islands and Puerto Rico. AGI limits are subject to cost-of-living adjustments each yearfor tax years beginning after 2006.