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Commit and Refund

verb

  • Perform an act, usually with a negative connotation.
    • usage: "perpetrate a crime"; "pull a bank robbery"
  • Give entirely to a specific person, activity, or cause.
    • usage: "She committed herself to the work of God"; "give one's talents to a good cause"; "consecrate your life to the church"
  • Cause to be admitted; of persons to an institution.
    • usage: "After the second episode, she had to be committed"; "he was committed to prison"
  • Confer a trust upon.
    • usage: "The messenger was entrusted with the general's secret"; "I commit my soul to God"
  • Make an investment.
    • usage: "Put money into bonds"
  • Engage in or perform.
    • usage: "practice safe sex"; "commit a random act of kindness"
(DoD) The process of committing one or more air interceptors or surface-to-air missiles for interception against a target track.

noun

  • Money returned to a payer.
  • The act of returning money received previously.

verb

  • (v.t.) To give back; to repay; to restore.
  • (v.t.) To pour back.
  • (v.t.) To supply again with funds; to reimburse.
  • (v.t.) To fund again or anew; to replace (a fund or loan) by a new fund; as, to refund a railroad loan.

Refund is the excess of your withholding and estimated tax payments for the year that you paid over your tax liability. Federal income tax refunds are not taxable. State income tax refunds may be taxable if you itemized your deductions in the year the state taxes were paid or withheld.