tax return

American  

[taks ri-turn] / ˈtæks rɪˌtɜrn /

noun

1. a statement, on an officially prescribed form, of income, deductions, exemptions, etc., and taxes due.

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tax return British  

noun

1. a declaration of personal income made annually to the tax authorities and used as a basis for assessing an individual's liability for taxation

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Etymology

Origin of tax return

First recorded in 1885–90

Example Sentences

If one spouse exerts control and the other is disengaged or kept out of the loop, filing tax returns can inflame tensions and drive a wedge into the relationship.

From MarketWatch

About three decades ago, an accountant profited from dubious deductions he put on the tax returns of an unsuspecting client.

From MarketWatch

In this week’s Don’t Short Yourself newsletter, Andrew Keshner offered advice on how and when to use artificial intelligence to help prepare your tax return.

From MarketWatch

No matter how you do your taxes, entrepreneurs and wage workers alike “are responsible for every number on that tax return,” says Keith Hall, the president and CEO of National Association for the Self-Employed.

From MarketWatch

Some taxpayers argue that the Internal Revenue Service charged them interest or penalties they weren’t required to pay during the pandemic, and they now are seeking refunds and amending tax returns to get money back.

From The Wall Street Journal

Related Words

• tax form