The meaning of (INCOME) TAX RETURN is a report that a person sends to the government about the money that he or she has earned and the taxes that he or she has paid in one year.
tax return meaning, definition, what is tax return: the form on which you have to give infor...: Learn more.
在英文里,tax return的解释为:a declaration of personal income made annually to the tax authorities and used as a basis for assessing an individual’s liability for taxation。简单说,tax return就是中文里所说的:报税单、或个税申报单(表)。纳税人(tax payer)需要在报税单上如实填写自己的应税收入、税...
Tax return data for an individual's tax return is processed by the IRS. A taxpayer consents to using a portion of the tax return data to acquire a spending vehicle from a financial institution of the taxpayer's choosing. Using a portion of the tax return data, the IRS arranges to ...
However, under the current tax code, businesses are unable to deduct the full cost of certain expenses—their capital investments—meaning the tax code is not neutral and actually increases the cost of investment.…Typically, when businesses incur capital investment costs, they must deduct them ...
Received: The IRS now has your tax return and is working to process it. Approved: The IRS has processed your return and confirmed the amount of your refund if you're owed one. Sent: Your refund is now on its way to your bank via direct deposit or as a paper check sent to...
The federal income tax system is progressive, which means that tax rates go up the greater taxable income you have. The term "tax bracket" refers to the income ranges with differing tax rates applied to each range. When figuring out what tax bracket you
2An election to treat the gift as being made over a five-year period must be made on a gift tax return for the year in which the contribution is made. 3This assumes there are no other gifts made by the donor to the beneficiary in the year of contribution to the 529 plan or in the...
Your answers could help you submit a tax return that’s as complete and correct as possible. They also could mean you don’t overlook any tax breaks. (Jan. 21, 2025) The 2025 Tax Tips offer ways to file your annual return, along with post-filing advice, important tax news and, of ...
Eachsectorhas different cost structures and competition levels, meaning that profit-margin standards can vary widely depending on the type of company you are examining. In other words, it would not make sense to compare the after-tax return on sales of an automobile manufacturer to that of a ...