Phrases with «tax year»

The phrase "tax year" refers to the 12-month period during which you must report your income and pay your taxes. It is usually the same as the calendar year, running from January 1st to December 31st. However, in some cases, like for businesses or people with special circumstances, the tax year may differ. Full definition

Related phrases

Sentences with «tax year»

  • But the legislation, which would generally be effective for tax years beginning after 2017, still has a long way to go around the track before it hits the finish line. (cpapracticeadvisor.com)
  • Will that change how much money you have to pay in taxes each year? (purefinancial.com)
  • As of tax year 2014, however, the tax rules only allow the deduction of medical expenses over and above 10 percent of adjusted gross income. (sapling.com)
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