Joint income definition

Joint income means “adjusted gross income” of you and your spouse as reported for federal income tax purposes, increased by the following amounts: (i) the amount of any interest income received which is tax-exempt under Section 103 of the Code, (ii) the amount of losses claimed as a limited partner in a limited liability company (as reported on Schedule E of Form 1040) and (iii) any deduction claimed for depletion under Section 611 et seq. of the Code.
Joint income means adjusted gross income,;~:~repot'.t&l'f6t J-J.S, !:rederalincome tax purposes, plus any income attributable to a spouse or to property owfi~d\by ,a':'~pouse"Jrtcreased by the following amounts (including any amounts attributable to a spouse or to propet;t),\~ed(bx'~'spouse): (a) the amount of any tax-exempt interest income under section 103 of the Code, and anY'!~qUjilifie(:f'(:listributionfr"om a Roth IRA, received; (b) the amount of losses claimed as a limited partner in a limite(partnership as reported on Schedule E of Form 1040; (c) any deduction claimed for depletion under sectjon;~:11"et seq. of the Code; (d) amounts contributed to an IRA (other than a Roth IRA), as defined in the Code; or Keogh retirement plan; (e) alimony paid; (f) any elective contributions to a cash or deferred arrangement under section 401(k) of the Code; and (g) for applicable taxable years, any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income pursuant to the provisions of section 1202 of the Code.
Joint income means “adjusted gross income” as reported for Federal income tax purposes, including any income attributable to a spouse or to property owned by a spouse, and increased by the following amounts:

Examples of Joint income in a sentence

Joint income will be used in computing charges for married persons.

Concurrently, if required by the obligation stipulated for the Insurer by legal regulations, including but not limited to the obligation to act with due diligence and to proceed with vigilance, the Insurer may disclose the information and necessary documents concerning the facts arising from the Insurance Policy to other third parties within the scope necessary to ensure the stability and safety of the Insurer.

The University hereby expressly and explicitly disclaims any liability and/or responsibility for violations of this policy.Internet ServiceTroy University is meeting the technological challenges of the 21st Century by providing its students, both on and off-campus, campus organizations, faculty and staff with E-Mail accounts and access to the University website, University information network and the Internet.

Joint income tax returns were added at the same time for the same reason.

Guests using a Certificate to reserve will be required to pay the all- inclusive package price as described on the guests’ Certificate.3) Guests must meet the minimum qualification requirements of:• Speak English proficiently (for safety reasons)• Age 30-65• Home owners• Married / living together for more than 2 years• Joint income £40,000 GBP• Will not have sailed with the Yacht Club before.4) Accommodation is for 7 nights.

Joint income from property and property rights shall be determined in accordance with the Articles 20 and 21 of this Law.

This is then compared with gross income to calculate the amount of the tax credit award.Income is either the previous tax year’s annual family income or expected annual family income in the current tax year.4 Joint income will be calculated for couples by adding their individual incomes together.

Balance taxed at @ 40% Married€3,300 Joint income from 1 January–31 December 2021(year of death)€44,800 @ 20% plus increase up to€26,300.

That CPA would then prepare a Married Filing Joint income tax return from the Married Filing Separate return data provided by each separate CPA.

For example:o Joint income is only used for the portion of the AY when the student and the partner are not separated.

Related to Joint income

Investment Income means any income, interest or gains earned on the GCF Proceeds held in the GCF Account;
Exempt income means all of the following:
covenant income means the gross income payable to a full-time student under a Deed of Covenant by his parent;
Interest Income means interest earned on the Funding;
Program income or “contributions” means gross income earned by the recipient that is directly generated by a supported activity or earned as a result of the award. Program income includes, but is not limited to, income from fees for services performed, the use or rental of real or personal property acquired under state-funded or federally funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Except as otherwise provided in the terms and conditions of the award, program income does not include the receipt of principal on loans, rebates, credits, or discounts or interest earned on any of them. Furthermore, program income does not include taxes, special assessments, levies, and fines raised by governmental recipients.
Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);
Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.
Hatch-Waxman Act means the Drug Price Competition and Patent Term Restoration Act of 1984, as amended.
Society Act means the Society Act of the Province of British Columbia from time to time in force and all amendments to it;
Occupational Health and Safety Act means the Occupational Health and Safety Act, 1993 (Act No 85 of 1993);
Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.
Foreign Corrupt Practices Act None of the Company and its Subsidiaries or, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company and its Subsidiaries or any other person acting on behalf of the Company and its Subsidiaries, has, directly or indirectly, given or agreed to give any money, gift or similar benefit (other than legal price concessions to customers in the ordinary course of business) to any customer, supplier, employee or agent of a customer or supplier, or official or employee of any governmental agency or instrumentality of any government (domestic or foreign) or any political party or candidate for office (domestic or foreign) or other person who was, is, or may be in a position to help or hinder the business of the Company (or assist it in connection with any actual or proposed transaction) that (i) might subject the Company to any damage or penalty in any civil, criminal or governmental litigation or proceeding, (ii) if not given in the past, might have had a Material Adverse Change or (iii) if not continued in the future, might adversely affect the assets, business, operations or prospects of the Company. The Company has taken reasonable steps to ensure that its accounting controls and procedures are sufficient to cause the Company to comply in all material respects with the Foreign Corrupt Practices Act of 1977, as amended.
Unfair labor practice means the commission of an act designated an unfair labor practice
Rail Safety Act means the Rail Safety Act 1998 (WA);
Occupational Safety and Health Law means any Legal Requirement designed to provide safe and healthful working conditions and to reduce occupational safety and health hazards, and any program, whether governmental or private (including those promulgated or sponsored by industry associations and insurance companies), designed to provide safe and healthful working conditions.
Corrupt practices means the offering, giving, receiving or soliciting of anything of value to influence the action of a Government official in procurement process or in contract execution: and
Privacy Act means the Privacy Act 1988 (Cth).
Societies Act means the Societies Act of the Province of British Columbia from time to time in force and all amendments to it;
Fair Labor Standards Act means the Fair Labor Standards Act, 29 U.S.C. §201 et seq.
Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.
Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);
corrupt practice means the offering, giving, receiving, or soliciting of anything of value to influence the action of a public official in the procurement process or in contract execution.
Medical leave means leave of up to a total of 12 workweeks in a 12-month period because of an employee’s own serious health condition that makes the employee unable to work at all or unable to perform any one or more of the essential functions of the position of that employee. The term “essential functions” is defined in Government Code section 12926. “Medical leave” does not include leave taken for an employee’s pregnancy disability, as defined in (n) below, except as specified below in section 11093(c)(1).
Clayton Act means the Clayton Antitrust Act of 1914, as amended, and the rules and regulations promulgated thereunder.
HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.
British protected person means a member of any class of persons declared to be British Protected Persons by Order in Council under the British Nationality Act 1981, or by virtue of the Solomon Islands Act 1978.