nondeductible
adjective
non·de·duct·ible
ˌnän-di-ˈdək-tə-bəl 
: not deductible
especially
: not deductible for income tax purposes
a nondeductible contribution
Examples of nondeductible in a Sentence
Recent Examples on the Web
Roth conversions move pretax or nondeductible IRA funds to a Roth IRA, which can start tax-free growth.
—
Kate Dore, Cfp®, CNBC, 29 Oct. 2024
This form is essential for reporting nondeductible contributions to your IRA and tracking the basis of your conversions.
—Jessica Ledingham, J.d., Ll.m., Forbes, 16 Oct. 2024
Roth conversions shift pretax or nondeductible IRA funds to a Roth IRA, which provides future tax-free growth.
—Kate Dore, Cfp®, CNBC, 2 Oct. 2024
In such cases, the investor would just let contributions stay in the nondeductible IRA.
—Greg Iacurci, CNBC, 5 Sep. 2024
See all Example Sentences for nondeductible 
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Kate Dore, Cfp®, CNBC, 29 Oct. 2024
This form is essential for reporting nondeductible contributions to your IRA and tracking the basis of your conversions.
—Jessica Ledingham, J.d., Ll.m., Forbes, 16 Oct. 2024
Roth conversions shift pretax or nondeductible IRA funds to a Roth IRA, which provides future tax-free growth.
—Kate Dore, Cfp®, CNBC, 2 Oct. 2024
In such cases, the investor would just let contributions stay in the nondeductible IRA.
—Greg Iacurci, CNBC, 5 Sep. 2024
See all Example Sentences for nondeductible
Dictionary Entries Near nondeductible
Cite this Entry
“Nondeductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nondeductible. Accessed 22 Nov. 2024.
Copy CitationKids Definition
nondeductible
adjective
non·de·duct·ible
-di-ˈdək-tə-bəl
: not deductible
especially
: not deductible for income tax purposes
a nondeductible contribution
Love words? Need even more definitions?
Merriam-Webster unabridged
Share