Examples of Net Taxable Income in a sentence
The Tax Distributions payable with respect to any Fiscal Year shall be computed based upon the General Partner’s estimate of the allocable Net Taxable Income in accordance with Article V, multiplied by the Assumed Tax Rate (the “Tax Amount”).
Determine your tax taking into account your Net Taxable Income (Part 3, line 14) and your personal filing status.
Enter each parent's Net Taxable Income in the appropriate Line 3 column.
Enter exemptions and Net Taxable Income (NTI) in the boxes pro vided.
Enter the weekly amount of this benefit on Line 5 of the parent who actually receives the financial benefit (usually the custodial parent).Line 6 - Net IncomeAdd the Net Taxable Income and the Non-Taxable Income to obtain the weekly Net Income.