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is this a viable definition?
a general definition of a tax return is the money returned to a taxpayer on the event that they over paid or were owed an amount by the U.S. government
2 Answers
- Anonymous1 decade ago
No a tax return is a form you file along with your tax payment, request for refund or statement you are paid up. If you are paying in it includes a remittance which is a check to pay what you owe. If you are owed money that is paid in the form of a refund either by check or by direct deposit in the bank account you choose. Paying is a remittance. Receiving money back is a refund. Filing is a tax return. The form you were sent is returned to the IRS.