Reduced Contribution definition
Examples of Reduced Contribution in a sentence
The contribution established in section 5 of the Reduced Contribution Regulation (CQLR, c.
If Donor is a Single Taxpayer or Married Filing Separately and His or Her MAGI Is: If Donor is Married Filing Jointly and His or Her MAGI Is: The Donor May Make: $95,000 and under $190,000 and under Full Contribution More than $95,000 but less than $110,000 More than $190,000 but less than $220,000 Reduced Contribution (see explanation above) $110,000 and higher $220,000 and higher Zero (no contribution) For example, assume that a ▇▇▇▇▇’s MAGI for the year is $197,555 and she is married, filing jointly.