Gross Taxable Income definition

Gross Taxable Income attributable to the employer means the amount specified on the employee’s W-2 issued by the employer and includes tips, bonuses or other compensation as required for purposes of federal individual income tax.
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Gross Taxable Income means total wage from all employment(s) at the time of revocation or refusal to renew the licence from the relevant Licensing Authority. The total wage will not include any voluntary overtime. If the Scheme Member has a variable wage i.e. not a fixed regular payment, the total wage will be calculated on a average amount earned in last 12 weeks. EXCLUSIONSThere shall be no liability for Wage Support Payment in the event that;1. Any physical or mental defect, infirmity, medical condition or chronic recurring illness which the Scheme Member could reasonably be expected to know existed at the date of entry into the Wage Support Payment benefit.2. Any claim arising within 39 weeks of the Scheme Member joining the Scheme. GENERAL CONDITIONS1. The Scheme Member shall, at his or her expense, furnish such certificates, information and evidence as may from time to time be reasonably required. The Scheme Member may be required to have a medical examination.2. The Scheme member agrees that the DriverCare Administration Unit may make all relevant enquiries to estabish the validity of the claim3. No sum payable under this Certificate shall carry interest.4. The Membership Subscription for participation in the Scheme is due for payment at the date cover commences and on the same day of each subsequent month.5. Entitlement under this Certificate shall terminate on the earliest date of any of the following events occurring:
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Gross Taxable Income means gross annual earnings minus expense, defined by local government income tax. Data are based on 2004 earnings.
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Examples of Gross Taxable Income in a sentence

  • Since mandatory pension contributions are generally non-taxable, the amount of such payments must be deducted from gross income before withholding taxes and the Adjusted Gross Taxable Income are calculated.

  • This may be a positive or negative number.Line 6 - Connecticut Gross Taxable Income as ModifiedAdd Line 4 and Line 5.Full-year resident inter vivos trusts with one or more nonresident, noncontingent beneficiaries, complete Lines 7 through 14.

  • This may be a positive or negative number.Line 3 - Gross Taxable Income as ModifiedAdd Line 1 and Line 2.Line 4 - Connecticut Taxable Income From Connecticut SourcesPart-year resident inter vivos trusts with nonresident, noncontingent beneficiaries complete Schedule CT-1041FA- Line 4 Worksheet, Lines a through i, below.

  • In such cases, the court may find that the guidelines are inapplicable and may establish the child support award based on the factors set forth in N.J.S.A. 2A:34-23 and existing case law.Line 3 - Net Taxable IncomeSubtract the combined withholding tax, child support orders for other dependents, mandatory union dues, and the other-dependent deduction*, if any, from the Adjusted Gross Taxable Income to obtain the Net Taxable Income.

  • This may be a positive or negative number.Line 6 - Gross Taxable Income of Fiduciary as ModifiedCombine Line 4 and Line 5 and enter the result on Line 6.

  • Line 1 - Gross Taxable Income Enter the weekly gross taxable income of each parent in the appropriate Line 1 column.

  • Income tax return acknowledgement for last 3 years with gross taxable income of individual/firm/ companies/ cooperative societies.(a) Gross Taxable Income Up to Rs. 10 lakhs Rs. 10 lakhs– 20 lakhs Rs. 20 lakhs & above (b) Please enclose copies of Income tax return acknowledgement copy commencing from AY 2011-12, 2012-13 & 2013-14.

  • Line 3 - Net Taxable Income Subtract the combined withholding tax, child support orders for other dependents, mandatory union dues, and the other-dependent deduction*, if any, from the Adjusted Gross Taxable Income to obtain the Net Taxable Income.

  • This may be a positive or negative number.Line 3 - Gross Taxable Income as ModifiedAdd Line 1 and Line 2.Line 4 - Connecticut Taxable Income From Connecticut SourcesPart-year resident inter vivos trusts with nonresident, noncontingent beneficiaries complete Lines a through i of Schedule CT-1041FA-Line 4 Worksheet.

  • This may be a positive or negative number.Line 6 - Connecticut Gross Taxable Income of Fiduciary as ModifiedAdd Line 4 and Line 5.Full-year resident inter vivos trusts with one or more nonresident, noncontingent beneficiaries, complete Lines 7 through 14.

Related to Gross Taxable Income

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.