The $500,000 difference can also be used to provide a current income tax deduction spread over the subsequent five years.

There are two income tax deductions that reduce your taxes.

In addition, the amount by which the value has dropped should provide an income tax deduction that can be spread over five years.

There may also be income tax deductions available to those who suffered property damage.

The income tax deductions we are allowed for our children probably don't pay for more than a few days' food.

People over 60 will be allowed to claim the premiums as income tax deductions starting next April.

Those who fail to get insurance would face penalties that could include the loss of a personal income tax deduction.

What they will get is the benefit of an income tax deduction for all or part of the donation.

It would scrap the federal income tax deduction and increase exemptions for dependent children.

Participants may not have an income tax deduction for Social Security withholding.

Premiums paid on a long-term care insurance product may be eligible for an income tax deduction.

The taxable amount can be lowered by applying several income tax deductions.

One proposal relates to limiting the amount of income tax deductions that can be claimed.

Residents are already eligible for Federal income tax deductions for land donations.

The government would get less than nothing since the gift to the charitable trust would create an income tax deduction.

At the same time, you enjoy the same federal income tax deductions for your share as any other homeowner does.

What's being proposed is a 3% income tax deduction against public servants (around £70 per month, every month).

The proposal included some politically popular income tax deductions, such as mortgage interest, but it remained fairly general.

At the time, he intended to take a Federal income tax deduction on his 1992 tax return for his office in the home.

The law allowed state taxpayers to an income tax deduction for any expenses toward their children's tuition, textbooks and transportation to school.

Earthquake repairs are expected to cost the state $1.04 billion, which includes lost revenue from income tax deductions taken because of quake damage.

It then sells the subsidiary and under complex tax rules is allowed to take the income tax deduction immediately.

That would reduce the cost to the government if it should also decide to adopt either the income tax deduction or tax credit idea.

Chile's health care system is funded by a universal income tax deduction equal to 7% of every worker's wage.

The charitable contributions generated by credit-card purchases do not qualify for income tax deductions.