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.
Either way, parents should know about Health Savings Accounts (HSA), which are powerful deductions allowing families to set aside income tax-free—and use it tax-free, according to Bott. Melissa Willets, Parents, 21 Feb. 2026 Residents also do not pay income tax, the South Dakota Department of Revenue said — further boosting the state’s affordability appeal. Kelly McGreal, FOXNews.com, 20 Feb. 2026 Trump has claimed the tariff revenue has been so large that the duties may be able to replace the income tax. Kevin Breuninger, CNBC, 20 Feb. 2026 How big was the average federal income tax refund? Susan Tompor, Freep.com, 20 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 24 Feb. 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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