Total annual income definition

Total annual income. CURRENT ANNUAL OBLIGATIONS APPLICANT OR JOINT (circle one) SPOUSE / CO- APPLICANT Medical Insurance (cost & type) Other Insurance (i.e. auto) Mortgage or Rent Premiums Medical Expense (MD visits, supplies) Home Care Long-term Care Insurance Premium Maximum benefits ($) or period (years) Daily Benefit Amount Elimination / Waiting Period (days) Inflation Factor, if any Real Estate Taxes Other Total Annual Obligations: CAPITAL ASSETS (Approximate Value) APPLICANT OR JOINT (circle one) SPOUSE / CO- APPLICANT Personal Residence (house or condo)* Real Estate / Land* Description Intention to sell? Savings Account (interest % and income) Checking Account Mutual Funds Certificate of Deposit (interest % and income) Stocks (attach documentation) Bonds (attach documentation) Trust (describe type, and attach documentation**) Life Insurance (cash value) Interest bearing loans and notes (total principal and annual interest) Deferred Annuities & Terms Other Total Assets: LIABILITIES APPLICANT OR JOINT (circle one) SPOUSE / CO- APPLICANT Accounts or Notes Payable Due date & Terms Mortgage payable on Real Estate Due Date & Terms Other Total : *Please submit the following to verify the information provided above: • a written verification of the real estate value from a real estate or banking institution or a property tax valuation, as well as verification of any materials mortgages or liens on the property; • written evidence of income and assets, including brokerage statements, bank statements, letter from former employers regarding pension benefits, etc.; • Federal tax returns for the most recent two years for which you have filed returns. ** Please provide details regarding right to withdraw from Trust or revoke it, if needed to cover fees under the Contract. Please contact your Commons representative with any questions regarding this requirement. The following are my advisors and their firms, with names and addresses. I hereby authorize a representative of The Commons to consult with such persons regarding my admission to The Commons and the information I have provided herein and authorize such person to provide answers to any such questions: Banker Attorney Broker Insurance Agent Other *************************************** Sixty days prior to your move to The Commons in Lincoln, you will be asked to update this information and to provide updated copies of your tax returns and other documentation as required. The Commons in Lincoln may also ask you to re-file this Fina...
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Total annual income means the income measure used to determine eligibility under the
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Total annual income means the income measure used to determine eligibility under the National School Lunch Program in United States Code, title 42, section 1758.
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Examples of Total annual income in a sentence

  • Total annual income: copy from 7i$ 8a.Permissible Deductions (Public Housing Only.

  • Total annual income and support less expenditure is reported as an increase or decrease in unrestricted net assets.

  • More than 2 lakh to 2.5 lakh Total annual income (in Rs) Please also tick the income category below a.

  • Total annual income is the sum of the annual incomes of all persons (other than subtenants) who occupy the apart- ment as their primary residence on a non- temporary basis.

  • Total annual income of senior management includes a basic annual salary and a performance-based annual bonus.

  • Total annual income derived from other insurance related activities: $ $ $ Please provide details for any revenues entered in 9e.

  • Since then, Polypropylene fibers developed to a variety of shapes and sizes.

  • Total annual income of the land owner Ethegala and Weniwelara is LKR1,320,000 and LKR 420,000 respectively.

  • The following is a guideline for the recipient’s use: • All sources of income (Wages, Social Security, Child Support, etc.)• Total annual income (Sheet demonstrating manner in which recipient calculated income)• Supporting documentation (employee wage verification, Social Security benefit statement, etc.) Please refer to Exhibit A for a form to help document household income or go to HUD’s website at http://www.hud.gov/offices/cpd/affordablehousing/library/forms/index.cfm#inc.

  • Total annual income amounts to £38.8m in Year 1, and rises gradually over the period to £138.2m in Year 30.


More Definitions of Total annual income

Total annual income means the total gross income including self-employment income from all sources of all members of the household 15 years of age or older, except
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Total annual income means all money received by the applicant/participant and by the applicant's or participant's spouse during the year in question. Such income shall be verifiable.
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Total annual income. $ Schedule A: Real Estate
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Related to Total annual income

  • Annual income means all amounts, monetary or not, which:

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • total income means the total income, other than income specified under Section 12 of this Act, derived by a person during an accounting period before subtraction of any deductions.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Current Annual Compensation means the greater of:

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Average annual payroll means the average of the annual

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 132(f), 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

  • Pro-rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Base Period Income is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Total Profit means the aggregate amount (before taxes) of the following: (i) the amount received by Grantee pursuant to Issuer's repurchase of the Option (or any portion thereof) pursuant to Section 7, (ii) (x) the amount received by Grantee pursuant to Issuer's repurchase of Option Shares pursuant to Section 7, less (y) the Grantee's purchase price for such Option Shares, (iii) (x) the net cash amounts received by Grantee pursuant to the sale of Option Shares (or any other securities into which such Option Shares are converted or exchanged) to any unaffiliated party, less (y) the Grantee's purchase price of such Option Shares, (iv) any amounts received by Grantee on the transfer of the Option (or any portion thereof) to any unaffiliated party, and (v) any amount equivalent to the foregoing with respect to the Substitute Option.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • 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.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.