Definition of tax return in English:

Share this entry

tax return

Pronunciation: /ˈtaks rəˌtərn/

noun

A form on which a taxpayer makes an annual statement of income and personal circumstances, used by the tax authorities to assess liability for tax.
Example sentences
  • Yes, if your child has earned income, filing a tax return will create room for RRSP contribution.
  • It will have to produce annually the IRC tax return, stating the income, in case of rentals.
  • Like other stud operations in Ireland, Coolmore has never had to file an annual tax return, but that is about to change.
Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.