Employees' income tax may be based on total earnings in the tax year to date. For example: the year to date (ytd) return for the stock is 8%.
This means from January 1 of the current year to date, stock has appreciated by 8%.
Another example: the year to date (ytd) rental income of a property (whose Fiscal Year End is March 31, 2009) is 00 as of June 30, 2008.
This means that the property brought in 00 of rental income during the period April 1 through June 30, 2008 (= the ytd period for the property).
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