Sentence examples for large deduction from inspiring English sources

Normally, state taxes are deductible at the federal level, but a large deduction for state taxes can lead to a federal A.M.T. liability.

Paul Gordon Hoffman, a lawyer with Hoffman Sabban & Watenmaker in Los Angeles who is not related to the president of Planned Giving Design Center, said that charitable remainder annuity trusts financed with cash would generate an increasingly large deduction as interest rates rise.

He landed a tumbling pass too low and was forced to put his hands on the floor, inciting a large deduction.

Large deductions can be spread over six years, or donations can be made in increments so that tax deductions can be spread over many more years.

People are most likely to be affected if they have many children and thus many personal exemptions, unusually large miscellaneous deductions for items like medical expenses, or large deductions for state and local income taxes and property taxes.

According to the returns, the Fire Island house has often given the Lazios large deductions that have helped them lower their taxable income.

This is a provision of the existing law originally intended to make sure wealthy people paid taxes even if they had large deductions and exemptions.

The alternative tax was created in 1969 to stop high earners from avoiding taxes with large deductions and tax shelters, but about 300 such households still pay nothing.

The couple were forced to figure their federal return using the alternative minimum tax, a system intended to keep high earners from avoiding taxes with extremely large deductions.

People with large deductions relative to their income may see a large increase in taxes that is only partially offset by the rate reduction.

Before the offering, the private equity firm used complex partnership structures to create large deductions for good will, a type of intangible asset.