tax-free

adjective

: not taxed
tax-free medical benefits

Examples of tax-free in a Sentence

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The policy loans available from the cash value are tax-free and can be repaid on flexible terms, providing a financial safety net for your business. Andre Pennington, Forbes, 11 Dec. 2024 The passing down of farms through generations was previously tax-free but in October the government said farmers would be subject to a tax from 2026. Fox News, 11 Dec. 2024 Roth conversions move pretax or nondeductible IRA funds to a Roth IRA, which can kick-start tax-free growth. Kate Dore, Cfp®, CNBC, 9 Dec. 2024 Hospitals and pharmaceutical companies could raise prices, and the insurance plans could pass on those increases to employers, whose health benefits were tax-free thanks to Congress, which made those hikes more tolerable. Dylan Scott, Vox, 6 Dec. 2024 See all Example Sentences for tax-free 

Dictionary Entries Near tax-free

Cite this Entry

“Tax-free.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-free. Accessed 20 Dec. 2024.

Legal Definition

tax-free

adjective

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