What does tax return mean?

Definitions for tax return
tax re·turn

This dictionary definitions page includes all the possible meanings, example usage and translations of the word tax return.

Princeton's WordNet

  1. tax return, income tax return, returnnoun

    document giving the tax collector information about the taxpayer's tax liability

    "his gross income was enough that he had to file a tax return"

Wiktionary

  1. tax returnnoun

    A report filed with a national or local tax authority for determining the amount of taxation, usually consisting of forms completed by a taxpayer.

Wikipedia

  1. Tax return

    A tax return is the completion of documentation that calculates an entity or individual's income earned and the amount of taxes to be paid to the government or government organizations or, potentially, back to the taxpayer.Taxation is one of the biggest sources of income for the government. There are two types of taxes—direct and indirect—which are both parts of the tax revenue. Tax revenue is the income gained by government from taxes that are levied on income, profit, goods and services, land revenue, ownership, and transfer of property, and other taxes. Total tax revenue calculated as a percentage of GDP shows the share of the country’s output collected by the government through taxes. Tax revenue is used by governments to grant sums of money to communities, the military, education, hospitals, and infrastructure.In the United States the Internal Revenue Service (IRS) administers federal tax laws. It is a government entity that fulfils three main functions. Firstly, it processes tax returns. Secondly, it provides services for taxpayers. Thirdly, it enforces the tax laws enacted by Congress. Furthermore, IRS also investigates financial crimes and oversees tax-exempt organizations.Citizens in Sweden, Denmark, Finland, and Iceland pay the highest taxes and also get the highest benefits from taxes such as free or low-cost healthcare, education, childcare, etc. Austria, the Netherlands, and Belgium also have high taxes. In contrast, countries such as Saudi Arabia, Brunei, Monaco, the Cayman Islands, Bahamas, and Andorra are so-called tax havens. These countries only tax very specific types of wealth or income, have very low tax rates in general, or have no taxes at all.

ChatGPT

  1. tax return

    A tax return is a document or form that taxpayers file with a tax authority to report their income, expenses, and other financial information, as well as calculate their tax liability, for a specific period. Tax returns allow taxpayers to calculate their tax liability, schedule tax payments, or request refunds for the overpayment of taxes. The forms and regulations for filing tax returns vary by country.

Wikidata

  1. Tax return

    Tax returns in the United States are reports filed with the Internal Revenue Service or with the state or local tax collection agency containing information used to calculate income tax or other taxes. Tax returns are generally prepared using forms prescribed by the IRS or other applicable taxing authority.

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Numerology

  1. Chaldean Numerology

    The numerical value of tax return in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of tax return in Pythagorean Numerology is: 6

Examples of tax return in a Sentence

  1. Senior Rubio aide Todd Harris:

    Gov. Christie is a very articulate guy which is probably why Donald Trump had to bring him on to his campaign, clearly Donald Trump is incapable of explaining any of his ideas for the future of this country, he's incapable of explaining what's hiding in his tax return.

  2. Elaine Maag:

    No doubt, finding people who have not filed a 2019 or 2020 tax return will be difficult for the The IRS.

  3. The Dispatch:

    We are unable to process your tax return. Our records indicate that the person identified as the primary taxpayer…was deceased prior the tax year show on the tax form.

  4. Dean Ferraro:

    Most people aren’t aware that home office deduction is the only way to make personal rent deductible, home offices areone of the highest risk items for audit on a tax return.

  5. Charles Day:

    If you’re going to sign something, your signature is extremely important and valuable, if you’re signing a tax return, have a discussion about what you’re signing. If the other person gets annoyed and doesn’t want to explain anything, the more they resist, the more you should want to know.


Translations for tax return

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"tax return." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/tax+return>.

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