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ID Form 990 (Schedule J): What You Should Know
Year filing requirement may be waived for an individual whose spouse's gross income is less than 150,000. 3-Year filing requirement may be waived for individuals in specified educational hardship situations (see Section B below). Part VII. K. K. L. M. No. of employees. 1-Year filing requirement may be waived for an individual's second or subsequent year of coverage. 2-Year filing requirement may be waived for an individual whose spouse's gross income is less than 149,999 and less than 200,000, except for the following individuals: 1 If a spouse has income less than 100,000, the spouse is considered to be eligible for the family coverage exception. 2 If an individual spouse has income between 25,000 and 150,000, the spouse is considered to be eligible for income reduced by the standard deduction. A. B. 3 If an individual spouse has income between 200,000 and 150,000, the spouse is considered to be eligible for the standard deduction. A. B. 4 If an individual spouse has income between 150,000 and 200,000, the spouse is considered to be eligible for the medical deduction. A. B. 4A If an individual spouse has income over 200,000, the spouse is considered to be eligible for the student loan interest and repayment deduction and deduction for student loan repayment (see the student loan interest deductions, and student loan repayment regulations below). B. C. 1 1. A. If it is a separate line on the returns of the spouse who is filing as a dependent or an individual. 2. No. 3. No. 8 (a). In general, only the following are allowed as substitutions for amounts reported by the spouse on his or her own Form W-2: (1) Income attributable to a life expectancy adjustment (i.e., a taxable event); (2) Certain qualified tuition programs; (3) The amount of any health insurance premium paid by either the spouse or the spouse's dependent as payment for or in addition to services under an eligible medical plan (including a Medicare or Medicaid plan); or (4) The value of any life insurance payable under a policy of life or life annuity in which the spouse or dependent is insured. (2) Qualified tuition programs.
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