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.
This notion leads many professional athletes to live in states that do not levy an income tax. Nathan Goldman, Forbes.com, 13 June 2025 This extra pay is currently subject to federal income tax. Kate Plummer, MSNBC Newsweek, 12 June 2025 In 1985, Robinson pleaded guilty to federal income tax evasion but was allowed to continue on G.H. by serving his sentence on nights and weekends. Mike Barnes, HollywoodReporter, 11 June 2025 Robinson pleaded guilty to federal income tax evasion in 1985, but was allowed to continue starring on General Hospital by serving his sentence on nights and weekends. Mekishana Pierre Published, EW.com, 11 June 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 Jun. 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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