When dealing with income tax returns, simply understanding the lexicon is often half the battle.
To help remove the confusion from tax terminology, several Web sites provide tax glossaries that break down the jargon.
Here are just a few of them:
- Bankrate.com
www.bankrate.com/brm/itax/edit/definitions/definitions_taxes1.asp
It provides tax definitions designed to help filers become more fluent with tax terms.
- H&R Block
www.taxcut.com/taxtips/tax_terms/glosstoc.html
The site features a list of commonly used tax words and terms.
- TaxGaga.com
www.taxgaga.com/pages/c-taxresources/dir-glossary.html
It offers straightforward tax definitions.
- Investor Words
It provides a glossary list with brief descriptions.
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