income tax

American  

noun

• income taxes
  plural

1. a tax levied on incomes, especially an annual government tax on personal incomes.

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income tax British  

noun

1. a personal tax, usually progressive, levied on annual income subject to certain deductions

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Other Word Forms

Noun Inflected Forms

• income taxes
  plural

Etymology

Origin of income tax

First recorded in 1790–1800

Example Sentences

See Examples For:

income tax

If it does rise by 3.9%, it would take the flat-rate state pension above the personal allowance of £12,570 and therefore be liable for income tax.

From BBC ● Sep. 15, 2026

Add the fact that state income tax is lower in Indiana, and that her car insurance and energy bills have also fallen, and Brianna says she is $600 a month better off.

From BBC ● Sep. 14, 2026

In addition to saving on state income tax, they pay about $2,200 in property taxes, about half of what they used to pay.

From The Wall Street Journal ● Sep. 13, 2026

Ultimately, I want to develop a retirement strategy that provides income, tax efficiency, preservation of principal and inflation protection.

From MarketWatch ● Sep. 8, 2026

Certainly, the Department of Justice wanted him deported back to the United States to stand trial for his violations, possibly in concert with the Department of the Treasury, for income tax evasion.

From "Endgame" by Frank Brady