income tax return

April tax paperwork

An income tax return is a form filed with tax authorities reporting income, deductions, and tax owed for a given year.

Filing a return allows taxpayers to calculate whether they owe additional tax or are due a refund: I need to file my income tax return by April 15th.

Often shortened to tax return or simply return.

filing

e-file

Submit taxes digitally

  • W-2Employer-issued tax form
  • 1099Non-employee income document
  • TurboTaxTax preparation software

H&R Block · CPA · itemize · head of household · withholding · tax preparer · electronic filing · paper filing · tax software

refund

overpayment

Amount paid exceeding debt

tax credit · child tax credit

deductions

charitable donation

Gift to help others

business expenses · home office · standard deduction · itemized deductions · mileage · depreciation · tuition · childcare

deadline

April 15

Federal income tax deadline

postmark · late fee · penalty · quarterly payments · fiscal year · calendar year · procrastination · payment plan · installment agreement · filing deadline

income

wages

Payment for work

dividends · pension · Social Security · unemployment · alimony · royalties · tips · freelance · gig economy · tax brackets

audit

red flag

Indicator of danger

verification · auditor · notice · appeal · penalties · interest · statute of limitations · random selection · discrepancy · representation

Categories
Opposites
direction of tax-related document flow

income tax returntax refund

Returned excess withholding

refund check · tax rebate · tax bill · tax assessment · tax notice

tax obligation vs. benefit

income tax returntax refund

Returned excess withholding

tax credit · tax exemption · tax liability · tax payment · tax-free status

tax compliance status

income tax returntax evasion

Illegally avoiding government dues

tax fraud · tax cheat · tax avoidance · unreported income

Family

income, return, come, comes, coming, incoming, outcome, outcomes, oncoming

Familiarity
Top 100,000
Profile
Timeless · Concrete · Negative · Everyday, not technical · Rated G