Definitions for tax return
tax re·turn

Princeton's WordNetRate this definition:0.0 / 0 votes

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"

WiktionaryRate this definition:0.0 / 0 votes

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.

WikipediaRate this definition:0.0 / 0 votes

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.

ChatGPTRate this definition:0.0 / 0 votes

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.

WikidataRate this definition:0.0 / 0 votes

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.

Matched Categories

1. • Legal Document

How to pronounce tax return?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say tax return in sign language?

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. Kory Kavanewsky:

   The process used to determine an entrepreneur’s income is typically at the discretion of the lender, fluctuations in earnings often result in the calculation of a two-year average. When your most recent tax return reflects a decline in taxable income by more than 10 percent, that lower amount will be used.

2. Treasury Secretary Steven Mnuchin:

   Social Security recipients who are not typically required to file a tax return need to take no action, and will receive Social Security recipients payment directly to Social Security recipients bank account.

3. President Trump:

   You don't learn anything from a tax return, i will say this. Mitt Romney looked like a fool when Mitt Romney delayed and delayed and delayed and Harry Reid baited Harry Reid and Mitt Romney didn't file until a month and a half before the election and it cost Mitt Romney bigly. ... As far as my return, I want to file it except for many years, I've been audited every year. Twelve years or something like that. Every year they audit me, audit me, audit me. ... I will absolutely give my return but I'm being audited now for two or three [ years' worth ] now so I can't.

4. 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.

5. 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.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=tax return
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Tax_Return
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Tax_Return
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=tax return