Sentence examples for total tax liability from inspiring English sources

Many tax credits (a percentage of a film crew's local expenditures) exceed the filmmaker's total tax liability to that state.

However, Felicity's self-employment tax of $2,540 (Line 50), which is brought forward from Schedule SE, brings their total tax liability to $14,480 (Line 56).

Samuel's self-employment tax of $3,585 (Line 53), brought forward from Schedule SE, brings total tax liability to $22,953 (Line 58).

With Samuel's self-employment tax of $2,562 (Line 52), which is brought forward from Schedule SE (not shown), their total tax liability is $19,887 (Line 56).

The center has created a set of calculators that allows you to compare the total tax liability for different sorts of taxpayers in 2013, based on four scenarios.

And in some cases — if taxpayers didn't update the relevant withholding forms — they ended up owing money, even if their total tax liability dropped.

Businesses' total tax liabilities are diminished significantly by a slew of deductions and credits.

Others have pushed to simplify the tax return — by highlighting the total-tax-liability line on the 1040, for instance — in order for it to better serve "a ceremonial function as an expression of fiscal citizenship".

Thus, New Hampshire's beggar-thy-neighbor tax rendered the total state tax liability of nonresidents unchanged, but diverted to New Hampshire tax revenues from the treasury of Maine.

So if your total federal income tax liability for 2008 was $4,000 and you had that full $4,000 withheld from your paycheck, you'd get $7,500 back.

The total personal income tax liability for this group was reduced by 55percentt.