Sentence examples for the total deductions from inspiring English sources

The total deductions thus may exceed the cost of an eligible asset over its lifetime.

Instead, defense lawyers suggested that the government was obsessive in pursuing Mr. Pirro, noting that only about 5percentt of the total deductions by Mr. Pirro's companies had been deemed improper.

Today the total deduction for all of these taxes is capped at $10,000.

In fact, individuals under the age of 59.5 should be prepared to pay as much as 10 percent of the total deduction as a penalty.

For example, if you had $300 in your account prior to making the child support payment and you made a $250 payment with a $.45 fee, the total deduction is $250.45, with your remaining balance being $49.55.

The fractional donations keep a donor from bumping into the annual ceiling on charitable tax deductions while reaping higher total deductions if the artwork appreciates along the way.

Between 1988 and 1997, Mr. Pirro's companies improperly deducted $364,617 out of $13,034,193 in total deductions -- or 2.8percentt, said the agent, John Dennehy.

As a matter of fact, 25percentt of the total tax deductions go for only 1percentt of the richest people in this country".

Do this by adding together the value of all assets attributable to the estate, and then subtracting the total allowed deductions.

But under intense cross-examination from Robert J. Giuffra Jr., one of Mr. Pirro's lawyers, Mr. Dennehy acknowledged that after several years of investigations, the government concluded that Mr. Pirro's companies had improperly deducted only $884,798 out of $16.35 million in total deductions, or 5.4percentt.

One way of limiting the use of itemized personal deductions for taxpayers whose total deductions are small and thereby minimizing costs of compliance and administration—is to provide an optional standard deduction.