as in direct tax
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Recent Examples of personal tax
In March, the government introduced a personal tax deduction for childcare expenses.
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Carl Minzner, Foreign Affairs, 3 May 2022
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TaxAct, a popular do-it-yourself personal tax preparation solution with decades of experience, stands out for its simplicity.
—Sponsored Content, The Mercury News, 8 Apr. 2024
Much simpler changes to the tax code could raise revenue from rich people without forcing the IRS to estimate unrealized gains, Zwick said, including reducing the deduction for business income claimed on personal tax returns — a tax break created in President Donald Trump’s 2017 tax cuts.
—Julie Zauzmer Weil, Washington Post, 27 Mar. 2024
So if the pass-through entity — usually S Corporations or partnerships — pays the tax, then the individual owners can deduct the entity’s taxes on their personal tax returns, instead of their own state and local taxes.
—Tara Siegel Bernard, New York Times, 2 Mar. 2024
See all Example Sentences for personal tax 
Carl Minzner, Foreign Affairs, 3 May 2022
File Your Taxes Online With H&R Block >> TaxAct – Best for Accuracy Guarantee
TaxAct, a popular do-it-yourself personal tax preparation solution with decades of experience, stands out for its simplicity.
—Sponsored Content, The Mercury News, 8 Apr. 2024
Much simpler changes to the tax code could raise revenue from rich people without forcing the IRS to estimate unrealized gains, Zwick said, including reducing the deduction for business income claimed on personal tax returns — a tax break created in President Donald Trump’s 2017 tax cuts.
—Julie Zauzmer Weil, Washington Post, 27 Mar. 2024
So if the pass-through entity — usually S Corporations or partnerships — pays the tax, then the individual owners can deduct the entity’s taxes on their personal tax returns, instead of their own state and local taxes.
—Tara Siegel Bernard, New York Times, 2 Mar. 2024
See all Example Sentences for personal tax
Recent Examples of Synonyms for personal tax
Noun
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Again, importing workers from outside the U.S. that are predominantly indirect tax people into tax leadership roles in the U.S., which is predominantly a direct tax environment, is just not risk tolerance available.Tax Notes Staff, Forbes, 18 Dec. 2024
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But while Lee is backing a huge tax refund for corporations, his budget does not include any direct tax breaks for consumers: no holiday from the state’s 4% grocery tax like last year or 7% tax on diapers and formula is funded in his plan.Vivian Jones, The Tennessean, 5 Feb. 2024
Noun
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To be sure, many drivers do not claim the mileage deduction on their federal income tax returns.Susan Tompor, USA TODAY, 21 Dec. 2024
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The bill introduced by Blessing and Smith would also have provided free breakfast and lunch in schools and increased the share of state income tax revenue going to the Local Government Fund and the Public Library Fund from 1.7% to 2%.J.D. Davidson | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 20 Dec. 2024
Noun
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The money comes in the form of a tax credit, which lowers your final tax bill, says Steven Nadel, executive director of the American Council for an Energy-Efficient Economy, a research organization working on saving energy.Julia Simon, NPR, 25 Dec. 2024
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For Americans overseas there are three main tax advantages available.Kathleen Peddicord, Forbes, 24 Dec. 2024
Noun
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And this is not even factoring in inevitable federal and state cuts that will have an outsized impact on our income and property tax assumptions.Tom Quirk, Baltimore Sun, 23 Dec. 2024
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That includes a $1,000 increase in the maximum homeowner property tax deduction that was previously unsuccessfully pitched by Democrats and an expansion of property tax deductions for seniors and disabled veterans — ideas previously floated by Republicans.Brittany Carloni, The Indianapolis Star, 21 Dec. 2024
Noun
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The payments sent back $250 to single tax filers and $375 to head-of-household filers.Chris McKenna, USA TODAY, 10 Dec. 2024
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Academics argue that while the government needs to find ways to raise money, that could come from taxing excess profits rather than a single tax that applies to all employers, big and small.Prarthana Prakash, Fortune Europe, 26 Nov. 2024
Noun
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Prior to council tax, there was poll tax which was so wildly unpopular, people began rioting across England.Tanyel Mustafa, refinery29.com, 12 Jan. 2024
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But a Venezuelan passport costs more than $300, a price that amounts to a poll tax because few migrants can afford them.John Otis, NPR, 16 Apr. 2024
Thesaurus Entries Near personal tax
Cite this Entry
“Personal tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/personal%20tax. Accessed 30 Dec. 2024.
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