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
While an administration does have certain powers to raise tariffs on items, especially if it is considered an issue of national security, income tax rates are set by law.
—
Clara Hendrickson, Detroit Free Press, 28 Sep. 2024
Before the federal income tax was established in 1913, tariffs were a major revenue driver for the government.
—Sasha Rogelberg, Fortune, 27 Sep. 2024
The other would create a $700 refundable income tax credit for PERA retirees.
—Seth Klamann, The Denver Post, 27 Sep. 2024
As noted earlier, per diem payments are not considered wages for federal income tax purposes so long as the payments are equal to or less than the federal per diem rate and the employee provides an expense report to the employer within a reasonable amount of time.
—Kelly Phillips Erb, Forbes, 26 Sep. 2024
See all Example Sentences for income tax 
Clara Hendrickson, Detroit Free Press, 28 Sep. 2024
Before the federal income tax was established in 1913, tariffs were a major revenue driver for the government.
—Sasha Rogelberg, Fortune, 27 Sep. 2024
The other would create a $700 refundable income tax credit for PERA retirees.
—Seth Klamann, The Denver Post, 27 Sep. 2024
As noted earlier, per diem payments are not considered wages for federal income tax purposes so long as the payments are equal to or less than the federal per diem rate and the employee provides an expense report to the employer within a reasonable amount of time.
—Kelly Phillips Erb, Forbes, 26 Sep. 2024
See all Example Sentences for income tax
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'income tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near income tax
Cite this Entry
“Income tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20tax. Accessed 5 Oct. 2024.
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