Sentence examples for overall taxable from inspiring English sources

That compared with an overall taxable income of $1.6 million in 2005 and $983,826 in 2006.

That compared with an overall taxable income of $1.6 million in 2005 and $983,826 in 2006, with the increase due to an advance and royalties from his books, "Dreams From My Father" and "The Audacity of Hope".

The new law, together with the steep decline in asset values, makes several strategies worth considering: QUALIFY FOR OTHER TAX BREAKS The lower your overall taxable income, the greater the likelihood that you can take advantage of other tax deductions, said Robert S. Keebler, an accountant with Virchow, Krause & Company in Green Bay, Wis.

Rather than lose the deduction to AMT, she boosted her overall taxable income and reduced her AMT by converting $100,000 from a regular IRA to a Roth IRA.

In 2013, the deduction for single taxpayers was $6,100, and for married couples filing jointly, the deduction was $12,200 off the overall taxable household income.

After all, this is money that you will need to live on when you retire, and every dollar you contribute lowers your overall taxable income.

The overall number of taxable estates will fall to 1,700 under the new law.

While slight changes to marginal tax rates don't have a huge impact on existing firms or currently employed workers, large cumulative increases in the tax burden lead to institutional and cultural shifts that are difficult to reverse: Firms become less likely to hire, workers take longer vacations and trade taxable income for leisure, overall spending levels grow slowly or flatten.

Overall, there are insignificant decreases in total income, taxable income and tax payable from last year.

Some of the proposals are highly technical, but the overall goal is to curb practices that artificially separate taxable income from the economic activities that generate it.The plan seeks to tackle abuse of treaties that were originally designed to avoid double taxation but which can be used in combination to ensure double non-taxation.

The bulk of economists agree in principle in the sensibility of "broadening the base" — or eliminating deductions and exclusions, to make more income taxable and allow for lower rates — to improve the overall investment climate.