income tax

noun

Synonyms of income taxnext
: 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.
Kelly said his decision to turn down the Padres during free agency centered on California’s higher income tax rate compared to Arizona’s. Chantz Martin, FOXNews.com, 28 Feb. 2026 More than 165 million individual income tax returns were processed last year, with 94% submitted electronically. Adriana Morga, Los Angeles Times, 27 Feb. 2026 Federal income tax changes would require Congressional action. Kate Dore, Cfp®, Ea, CNBC, 27 Feb. 2026 Withdrawals for non-qualified expenses before age 65 are subject to income tax plus a 20% penalty. Lauren Schuster, Miami Herald, 26 Feb. 2026 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 3 Mar. 2026.

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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