Examples of Joint Return in a sentence
For 2024 Adjusted Gross Income* Applicable % Joint Return Head of Household All Other Cases $1 - $46,000 $1 - $34,500 $1 - $23,000 50% $46,001 - $50,000 $34,501 - $37,500 $23,001 - $25,000 20% $50,001 - $76,500 $37,501 - $57,375 $25,001 - $38,205 10% Over $76,500 Over $57,375 Over $38,250 0% *Adjusted gross income includes foreign earned income and income from Guam, American Samoa, North Mariana Islands and Puerto Rico.
SpinCo shall prepare and file, or shall cause to be prepared and filed, all Tax Returns required to be filed by or with respect to members of the SpinCo Group other than those Tax Returns which Parent is required, or chooses, to prepare and file under Section 3.02; provided that, SpinCo shall not file any SpinCo Separate Returns for a Tax Period in a jurisdiction and for a type of Tax where Parent files a Joint Return.
Parent shall be responsible for any and all Foreign Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination).
Notwithstanding anything in this Section 9 to the contrary, in the case of a Tax Contest related to a Joint Return, the rights of CURB and its Affiliates under Section 9.2(c) and Section 9.2(d) of this Agreement shall be limited in scope to the portion of such Tax Contest relating to Taxes for which CURB may reasonably expected to become liable to make any indemnification payment to SITC under this Agreement.
Notwithstanding anything in this Agreement to the contrary, SITC shall have the right to control any Tax Contest with respect to any Tax matters relating to (i) a Joint Return, (ii) a SITC Separate Return and (iii) Transfer Taxes.