pretax
adjective
pre·tax
ˌprē-ˈtaks 
variants
or pre-tax
: existing before provision for taxes : before taxes are deducted
pretax earnings/profits
The most common self-directed plans, 401(k) plans, leave it up to employees to voluntarily contribute part of their pretax salary.—
Ellen E. Schultz
Ellen E. SchultzExamples of pretax in a Sentence
Recent Examples on the Web
According to a 2021 report by the Institute on Taxation and Economic Policy, at least 55 of the largest corporations in America paid no federal corporate income taxes despite enjoying substantial pretax profits in the United States.
—David Trone, Fortune, 1 Nov. 2024
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
Back in July, HSBC posted estimates-beating pretax profit of $21.56 billion in the first half of the year, announcing a share buyback program of up to $3 billion.
—Ruxandra Iordache, CNBC, 22 Oct. 2024
Exeter went into the black in 2016 and stayed there, claiming $94 million in pretax profit in 2018, according to rating agency reports.
—Byard Duncan, ProPublica, 17 Oct. 2024
See all Example Sentences for pretax 
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David Trone, Fortune, 1 Nov. 2024
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
Back in July, HSBC posted estimates-beating pretax profit of $21.56 billion in the first half of the year, announcing a share buyback program of up to $3 billion.
—Ruxandra Iordache, CNBC, 22 Oct. 2024
Exeter went into the black in 2016 and stayed there, claiming $94 million in pretax profit in 2018, according to rating agency reports.
—Byard Duncan, ProPublica, 17 Oct. 2024
See all Example Sentences for pretax
Dictionary Entries Near pretax
Cite this Entry
“Pretax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pretax. Accessed 14 Nov. 2024.
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