income tax
noun
a tax levied on incomes, especially an annual government tax on personal incomes.
income taxes
-
pluralof income tax.plural
The grammatical form denoting more than one person, place, thing, or idea.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
How should they manage their money to minimize income taxes?
From MarketWatch ● Oct. 16, 2026
They will have 10 years to empty the account, and the family as a whole will likely save estate and income taxes.
From The Wall Street Journal ● Oct. 8, 2026
A municipal bond issued within the state where you reside will pay interest that is also exempt from your state’s income taxes.
From MarketWatch ● Sep. 22, 2026
State income taxes no longer apply to his investment earnings, allowing him to keep more of his capital gains.
From The Wall Street Journal ● Sep. 13, 2026
President Bill Clinton raised income taxes for the wealthiest, cut taxes on investment gains, and expanded breaks for the working poor.
From "Class Matters" by The New York Times
