nontaxable

adjective

non·​tax·​able ˌnän-ˈtak-sə-bəl How to pronounce nontaxable (audio)
: not liable to taxation : not taxable
nontaxable income
nontaxable insurance benefits

Examples of nontaxable in a Sentence

Recent Examples on the Web
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.
Senate investigators said this ambiguity in the law encourages airlines to charge more in nontaxable fees than airfare, and airlines are leaning into this strategy to gain an edge in attracting price-conscious consumers. Alexander Bolton, The Hill, 26 Nov. 2024 In another, stressful conditions exacerbated the worker’s pre-existing multiple sclerosis, which the Tax Court found to be a nontaxable physical sickness recovery. Robert W. Wood, Forbes, 21 Nov. 2024 Combined income is your adjusted gross income, plus nontaxable interest, such as interest on certain bonds, plus half of your Social Security benefits received that year. Susan Tompor, Detroit Free Press, 14 Nov. 2024 Just how much taxes retirees pay on benefits is based on a formula called combined income, the sum of adjusted gross income, nontaxable interest and half of Social Security benefits. Lorie Konish, CNBC, 19 Oct. 2024 See all Example Sentences for nontaxable 

Word History

First Known Use

1827, in the meaning defined above

Time Traveler
The first known use of nontaxable was in 1827

Dictionary Entries Near nontaxable

Cite this Entry

“Nontaxable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nontaxable. Accessed 21 Dec. 2024.

Last Updated: - Updated example sentences
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