Common use of Tax Credit for Contributions Clause in Contracts

Tax Credit for Contributions. You may be eligible for a tax credit for your Xxxx XXX contribution if you are age 18 or older, not a dependent of another taxpayer, and not a full-time student. The maximum annual tax credit is $1,000 (unless modified by Congress). If you are eligible for the credit, it will reduce the federal income tax you owe dollar for dollar.

Appears in 4 contracts

Samples: Inherited Ira Adoption Agreement, wbiinvestments.com, wbiinvestments.com

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Tax Credit for Contributions. You may be eligible for a tax credit for your Xxxx Traditional XXX contribution if you are age 18 or older, not a dependent of another taxpayer, and not a full-time student. The maximum annual tax credit is $1,000 (unless modified by Congress). If you are eligible for the credit, it will reduce the your federal income tax you owe dollar for dollar.

Appears in 3 contracts

Samples: syndicatedcapital.com, Inherited Ira Agreement, boltonglobal.com

Tax Credit for Contributions. You may be eligible for a tax credit for your Xxxx XXX contribution if you are age 18 or older, not a dependent of another taxpayer, and not a full-time student. The maximum annual tax credit is $1,000 (or up to $2,000 if married, filing jointly, unless modified by Congress). If you are eligible for the credit, it will reduce the federal income tax you owe dollar for dollar.

Appears in 2 contracts

Samples: www.primerica.com, d1xhgr640tdb4k.cloudfront.net

Tax Credit for Contributions. You may be eligible for a tax credit for your Xxxx SIMPLE XXX contribution if you are age 18 or older, not a dependent of another taxpayer, and not a full-time student. The maximum annual tax credit is $1,000 (unless modified by Congress). If you are eligible for the credit, it will reduce the your federal income tax you owe dollar for dollar.

Appears in 2 contracts

Samples: Simple Ira Custodial Account Agreement, Custodial Account Agreement

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Tax Credit for Contributions. You may be eligible for a tax credit for your Xxxx Traditional XXX contribution if you are age 18 or older, not a dependent of another taxpayer, and not a full-full- time student. The maximum annual tax credit is $1,000 (unless modified by Congress). If you are eligible for the credit, it will reduce the your federal income tax you owe dollar for dollar.

Appears in 1 contract

Samples: professionals.voya.com

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