tax year
Britishnoun
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.
For the current tax year, for example, couples earning up to $24,800 in taxable income will owe 10% of it in federal personal income tax.
From Los Angeles Times • May 6, 2026
From April, taxpayers with more than £50,000 of gross income from self-employment or rental income in the 2024-25 tax year will need to comply with Making Tax Digital rules which will replace self assessment.
From BBC • Jan. 30, 2026
For the 2026 tax year, withholding tables have been changed, but it’s up to you to file a new W-4 tax withholding form to get the benefit of the new deductions in your paycheck.
From The Wall Street Journal • Jan. 25, 2026
New temporary deductions for the 2025 tax year include a $6,000 senior deduction, up to $25,000 for qualified tips, and up to $12,500 for overtime pay.
From Barron's • Jan. 23, 2026
A donor-advised fund is a charitable account where you deduct your contribution in the current tax year, but you can distribute the funds as you please.
From MarketWatch • Dec. 19, 2025
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
