Income Tax Return
/ˈɪnkʌm tæks rɪˌtɜrn/
Definitions
- (n.) A formal document filed with tax authorities reporting income, deductions, and tax liability for a specific period.
John filed his income tax return before the deadline to avoid penalties.
Forms
- income tax return
- income tax returns
Related terms
See also
Commentary
Typically, the income tax return must be accurate and complete to ensure lawful tax compliance and avoid audits.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.