tax return

[ taks ri-turn ]

noun

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

tax return

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

Word History and Origins

Origin of tax return¹

First recorded in 1885–90

Example Sentences

The IRS treats cryptocurrencies as property for tax purposes, meaning donors can deduct the fair market value of their crypto donations on their tax returns without being subject to capital gains tax.

From Salon

Last year, Do demanded that LAist fire Gerda for allegedly using falsified tax returns in his reporting, a tantrum that went nowhere because it wasn’t true.

From Los Angeles Times

Before becoming president in 2016, Trump declined to disclose his tax returns.

From BBC

New appointees at the Internal Revenue Service would likely be ordered to audit prominent Democrats’ tax returns, an action Trump demanded during his first term.

From Los Angeles Times

After prosecutors declined to retry Wilson, a judge sentenced him to one year of probation — including six months of home confinement — for filing the false tax return.

From Los Angeles Times

Related Words

• tax form