Sentence examples for deduction limits from inspiring English sources

"Three different deduction limits apply.

Still, there are situations where certain middle-income earners do get hit by deduction limits.

High earners would be hit most by deduction limits, something that might make Republicans recoil.

When I spoke with Donovan this week, he talked through the math many taxpayers will face using the 2017 deduction limits as a starting point.

For married couples filing jointly, the deduction limits apply to income above $300,000, while the top tax rate kicks in above $450,000.

The tax numbers suggest it may not be hard to structure deduction limits in a way that leaves most middle-income households untouched.

A deduction limit also doesn't raise very much money.

Taken on its own, the deduction limit wouldn't make a huge difference.

That number does not take into account the president's proposed 28 percent deduction limit.

So here is a way to curb this loss of revenue without eliminating any individual deduction: limit the total tax saving for any individual to a maximum percentage of his total income.

The I.R.A. gifts, which must be arranged with the institution handling the I.R.A. and executed this year, are particularly beneficial to people in two groups, Ms. Christian said — those who did not itemize deductions and those for whom a gift from regular accounts would exceed the single-year deduction limit of 50 percent of adjusted gross income.