Tax Definitions
Browse Investopedia's expert-written library to learn more about the language of taxes and the Internal Revenue Service.
:max_bytes(150000):strip_icc()/taxreturn.asp-FINAL-6421636a087d471d8c9b2e1a9788c577.png)
What Is a Tax Re🦹turn, and How Long Must You Keep It?
:max_bytes(150000):strip_icc()/paperwork-4596472be17e44b691fc63ab4caa74a4.jpg)
Taxable Income vs. Gross Income: What's the Difference?
:max_bytes(150000):strip_icc()/TaxableIncome_Final_4188122-0fb0b743d67242d4a20931ef525b1bb1.jpg)
Taxable Income: What It Is, W📖hat Counts, and How to Calculate
:max_bytes(150000):strip_icc()/taxliability.asp-final-a8ea9ba48a1f40149767a30961b171e6.png)
Tax Liability: Definitioไn, Calculation, and Exampl𝓡e
:max_bytes(150000):strip_icc()/tax-refund.asp-FINAL-1-a62b8951c8dd46a09dbb3f2b35ba75ab.png)
What Is a Tax Refund? Definiti𓂃on and When to Expect It
:max_bytes(150000):strip_icc()/Tax_Bracket-Final-1824baf32c144f4db2f9ca7c7e8a5faa.jpg)
2025 Tax Brackets and Federal Income Tax Rates
:max_bytes(150000):strip_icc()/Taxshelter-b7e72dc3b2a0446d868894884dc6ce3b.jpg)
Tax Shelter: Def🎶inition, Examples, and Legal Issu𒆙es
:max_bytes(150000):strip_icc()/two-business-people-calculate-their-business-in-the-office--918789230-5dfe7ee1921b4b74a28798a8f5c2e762.jpg)
Tax Accounting: Definition, Types, vs. Finan✅cial Accounti⛦ng
:max_bytes(150000):strip_icc()/their-finances-are-in-the-green-884678024-00f8e761e1ed48d380c71cad5da0f2da.jpg)
Tax Deferred: Earn✨ings With Taxes Delayed Until Liquid🥃ation
:max_bytes(150000):strip_icc()/TaxBenefit-45ba63a4dbdc40f791f03795102d611f.jpg)
Tax Benefit: Definition, Types, and IRS Rules
:max_bytes(150000):strip_icc()/WhenisTaxSeason-ca77df6805054dd1a72980f53ea6853f.jpg)
When Is Tax Season? Definition, Dates🔥, and Deadl𝔍ines
:max_bytes(150000):strip_icc()/TaxRefundAnticipationLoanWhatitMeansHowitWorksGettyImages-1249084971-7f34cf10c8ca4cc181cab55f2cd151ab.jpg)
Tax Refund Anticipation Loan (𝔍RAL): What it Means, How it Works
Tax Rate Definition, Effective Tax Rates, and Tax Brac🌳kets
:max_bytes(150000):strip_icc()/TaxHome-3b9f1ac36f6c4e28889c34943d991fc9.jpg)
Tax H🦄ome: What it is, How it Works, Examples and FAQ
:max_bytes(150000):strip_icc()/TaxableEventWhatitisandHowitWorksGettyImages-1409041115-cb0effaf273c481ba66fec01f3ed4bc6.jpg)
Taxable Event: What It Is and How It Works
:max_bytes(150000):strip_icc()/TaxpayerGettyImages-172791674-967166a8e51449ebb575e1785aac35bb.jpg)
Taxpayer: Definition, Overview, and Types
:max_bytes(150000):strip_icc()/financial-advisor-consulting-with-young-couple-in-living-room-1014364972-9e5537c46ef44d52acad352ef852d1ec.jpg)
Taxable Wage Base: Overview and Example
:max_bytes(150000):strip_icc()/TaxAttributeWhatitisHowitWorksExampleGettyImages-2041084338-e4561ab0669b4cf0a9ef6f6db84f94ff.jpg)
Tax Attribute: What it is, How it Works, Example
:max_bytes(150000):strip_icc()/income-tax-4097292_1920-bef7c6ff9f2d4b0ab45f354ad31f1ee6.jpg)
Tax Table Definition
:max_bytes(150000):strip_icc()/taxyear-c3f5618cd504499583b0543cb4d6b31e.jpg)
What Is a Tax Year? De☂finition♈, When It Ends, and Types
:max_bytes(150000):strip_icc()/Incometaxes-9dacb2fc1d314896821b07f3933f0c4e.png)
Taxes Definition: Types, Who Pays, and Why
:max_bytes(150000):strip_icc()/TaxScheduleWhatitMeansHowTheyWorkGettyImages-1498394917-583cfb9fd2be48488f52ed0ce961ca0c.jpg)
Tax Schedule: What It Means and How It Works
:max_bytes(150000):strip_icc()/TaxIndexingWhatItiHowItWorkExampleGettyImages-1368343105-daacdc4b81064aa09b8ad788276090bb.jpg)
Tax Indexing: What It Is, H🔥ow It Works, and Example
:max_bytes(150000):strip_icc()/Taxablegain-f060c4ab1c0041b8a62d3a7e046c20d4.jpg)
Taxable Gain: What It is and how It Works
:max_bytes(150000):strip_icc()/TaxDrag-c74376974ce948fd94a14ccdb4298516.jpg)
Tax Drag: What It Means, How It Works, Example
:max_bytes(150000):strip_icc()/TotalTax-4597edd261ad4f38a0ab659029670e24.jpg)
Total Tax: What It Means, Rates, and Brackets
:max_bytes(150000):strip_icc()/taxcourt.asp-final-3461fc38e9cd4b64949a87524ade55bf.png)
Tax Court: What It Is, How It Wo🧜rks, Trial Procedures
:max_bytes(150000):strip_icc()/taxpayer-advocate-service.asp-FINAL-07a951573382434e9828911a29fdd89d.png)
Taxpayer Advocate Service (TAS)
:max_bytes(150000):strip_icc()/tax-clawback-agreement.asp-final-8e4fc453e6d24c9c8c44a55340213a8e.png)
Tax Clawback 🎀Agreement: What It is, How it Works, 💙Example
:max_bytes(150000):strip_icc()/TaxEfficiencyWhatitisHowitWorksFAQGettyImages-1696640928-0db555d3b80949e0ba94590dca9c8744.jpg)
What's the Difference Between a Tax Rate and a Tax Bracket?