tax return


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tax return

n.
See return.

tax return

n
(Accounting & Book-keeping) a declaration of personal income made annually to the tax authorities and used as a basis for assessing an individual's liability for taxation

re•turn

(rɪˈtɜrn)

v.i.
1. to go or come back, as to a former place, position, or state: to return from abroad.
2. to revert to a former owner.
3. to revert or recur, as in thought or discourse.
4. to make a reply or retort.
v.t.
5. to put, bring, take, give, or send back to the original or proper place, position, etc.: to return a book to a shelf.
6. to send or give back in reciprocation, recompense, or requital: to return evil for good.
7. to reciprocate, repay, or react to (something sent, done, etc.) with something similar: to return a favor.
8. to render (a verdict, decision, etc.).
9. to give (a statement or a writ of actions done) to a judge or official.
10. to reflect (light, sound, etc.).
11. to yield (a profit, revenue, etc.).
12. to report or announce officially.
13. to elect or reelect, as to a legislative body.
14. to send or hit back, as a served ball in tennis.
15. Cards. to respond to (a suit led) by a similar lead.
16. Chiefly Archit. to cause to turn or proceed in a different direction: to return a molding.
n.
17. the act or fact of returning, as by going or coming back or bringing, sending, or giving back.
18. a recurrence.
19. reciprocation, repayment, or requital: profits in return for outlay.
20. response or reply.
21. the gain realized on an exchange of goods.
22. Often, returns. a yield or profit, as from labor or investment.
23. Also called tax return . a statement on an official form showing income, deductions, exemptions, and taxes due.
24. Usu., returns. an official or unofficial report on a count of votes, candidates elected, etc.: election returns.
25. Archit.
a. the continuation of a molding, projection, etc., in a different direction.
b. a side or part that falls away from the front of any straight or flat member or area.
26. Sports.
a. the act of returning a ball.
b. the ball that is returned.
c. (in football) a runback.
27. Law.
a. the sending back of a writ, summons, etc., with a brief report endorsed on it, by a sheriff to the court that issued it.
b. a certified document by an assessor, election official, etc.
c. the report contained in such a document.
28. Cards. a lead that responds to a partner's lead.
29. returns,
a. merchandise shipped back to a supplier from a retailer or distributor as unsold.
b. merchandise returned to a retailer by a consumer.
adj.
30. of or pertaining to a return or returning.
31. sent, given, or done in return.
32. done or occurring again: a return engagement of the opera.
33. noting a person or thing that is returned or returning to a place: return cargo.
34. changing in direction; doubling or returning on itself: a return twist in a road.
35. used for returning, recirculating, etc.: the return road.
36. played in order to provide the loser of an earlier game with the opportunity to win from the same opponent.
37. adequate, necessary, or provided to enable the return of mail to its sender: a return envelope.
[1275–1325; (v.) retornen < Middle French retorner, Old French; (n.) < Anglo-French retorn, derivative of Old French retorner]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax return - document giving the tax collector information about the taxpayer's tax liabilitytax return - document giving the tax collector information about the taxpayer's tax liability; "his gross income was enough that he had to file a tax return"
legal document, legal instrument, official document, instrument - (law) a document that states some contractual relationship or grants some right
amended return - a tax return that corrects the information in an earlier return
declaration of estimated tax, estimated tax return - return required of a taxpayer whose tax withheld from income does not meet the tax liability for the year
false return - an incorrect income tax return
information return - a return that provides information to the tax collector but does not compute the tax liability
joint return - a return filed by a husband and wife
References in periodicals archive ?
TIGTA found that the IRS could reduce erroneous refunds, processing costs and taxpayer burden by revising the Form 1040 to allow for corrections to original tax return filings and expand e-filing to include amended tax returns.
7216 forbids paid tax return preparers to "knowingly or recklessly" (1) disclose any information furnished to them for, or in connection with, the preparation of a tax return or (2) use such information for any purpose other than to prepare or assist in preparing such a return.
In light of the IRS e-filing mandate, the additional resources may have been well spent, since 52 percent of companies reported that their tax return was accepted on the first try, and only 3 percent experienced a rejected return more than five times.
Temporary regulations issued under IRC section 6081 (TD 9229, 1i/4/05) simplify how individuals, partnerships and others can obtain an automatic six-month extension of time to file a number of income tax returns with a single request.
It introduced cellular telephone transactions for its income tax return.
James Earl Wynn, 63, was named in a superseding 24-count federal indictment alleging he prepared clients' tax returns and wiped out their taxes with bogus business losses involving $75 million, IRS spokesman Gary Tang said.
Taxpayers whose General Corporation Tax, Unincorporated Business Tax, or Banking Corporation Tax returns are due Sept.
The innocent spouse must have filed a joint tax return with the guilty spouse.
Form 940 or 940-PR, Employer's Annual Federal Unemployment Tax Return (FUTA) - Installment Agreements - Tax Years 1997 through 2006 *
7216 prohibits a tax return preparer from "knowingly or recklessly" disclosing or using tax return information.
98 percent of the individuals who offered comments on oversight and enforcement for paid tax return preparers favor increased efforts;
There is much to criticize in that conclusion, particularly as reached and expressed in Frederick, the case that other courts cite for the proposition that the tax return preparation function does not involve the rendering of "legal advice.