Assertion: deduction | /r/HasProperty | allowed
Facets:
Source sentences:
text: No deduction is allowed if such contributions are deducted on the contributor’s federal income tax return.
text: If a person files taxes and tries to claim a person who does not meet the IRS requirements, the deduction will be disallowed.
text: No deduction is allowed if the contribution is deducted on the federal income tax return.
text: No retirement plan at work: Your deduction is allowed in full if you (and your spouse, if you are married) aren’t covered by a retirement plan at work.
text: These deductions are allowed as long as they are directly tied to the sale of the home, and you lived in the home for at least two out of the five years preceding the sale.
text: No deduction is allowed for the unamortized balance if the mortgage is satisfied before its term.
text: These deductions are allowed even if the amount received by the employee after deduction falls below the minimum wage.
text: Thus, there was a decrease in the maximum amount of the deduction that was allowed, and the deduction eventually disappeared in 2004.
text: His ordinary taxable income is $200,000 which times 20% is $40,000, so the $37,000 deduction is allowed in full.
text: The deduction is allowed only if the mortgage on which you pay PMI was taken out on or after Jan. 1, 2007.