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joint return

 

Definitions from WordNet

Noun joint return has 1 sense
  1. joint return - a return filed by a husband and wife
    --1 is a kind of
    tax return, income tax return, return

Definitions from the Web

Joint Return

Description:

A joint return refers to a tax return filed by a married couple who choose to combine their tax obligations into a single form. This type of return offers certain benefits and potential tax advantages.

Senses:

  1. Noun: A tax return filed by a married couple, reporting their combined income, deductions, and credits.
  2. Noun: The act of filing a tax return jointly.

Sample Sentences:

  1. Noun: When submitting a joint return, both spouses must sign the form.
  2. Example: "John and Sarah filed a joint return for the previous tax year."
  3. Noun: Filing jointly can potentially result in a lower overall tax liability.
  4. Example: "By filing a joint return, they were able to take advantage of certain tax credits."
  5. Noun: Filing a joint return might require additional documentation.
  6. Example: "Make sure to include all necessary supporting forms when filing a joint return."
  7. Noun: Many tax professionals recommend couples to consider filing a joint return.
  8. Example: "The tax advisor advised them that filing a joint return might be more beneficial in their situation."
  9. Noun: Satisfying the residency requirements is essential for filing a joint return.
  10. Example: "To file a joint return, the couple must meet the residency conditions as outlined by the tax authorities."
  11. Noun: Some couples prefer to file separate returns instead of a joint return.
  12. Example: "Due to their complex financial situation, they decided to file separate returns rather than a joint return."

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