income tax

noun

: a tax on the net income of an individual or a business

Examples of income tax in a Sentence

Federal income tax will be deducted from your pay. The new law will lower income taxes for most taxpayers.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Connor’s $12 million AAV ties him for the seventh-highest cap hit next season (along with Mitch Marner and Mikko Rantanen, who each play in states with no income tax). Murat Ates, New York Times, 9 Oct. 2025 In 2026, the city will direct $10 million in new income tax revenue to start up this fund. Jordan Smith, IndyStar, 7 Oct. 2025 Some provisions in the Big Beautiful Bill won’t impact Tennessee, as the state does not have an income tax. Vivian Jones, Nashville Tennessean, 3 Oct. 2025 According to agency data, during the most recent tax filing season the IRS issued more than 93.5 million tax refunds to individual income tax filers. Miami Herald, 27 Sep. 2025 See All Example Sentences for income tax

Word History

First Known Use

1799, in the meaning defined above

Time Traveler
The first known use of income tax was in 1799

Cite this Entry

“Income tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20tax. Accessed 16 Oct. 2025.

Kids Definition

income tax

noun
ˈin-(ˌ)kəm-
: a tax on the income of a person or business

Legal Definition

income tax

noun
: a tax on the net income of an individual or a business compare excise, property tax
Last Updated: - Updated example sentences
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