tax-deductible

adjective

: allowed to be subtracted from the total amount of a person's income before calculating the tax he or she is required to pay : allowable as a deduction from taxes
a tax-deductible donation

Examples of tax-deductible in a Sentence

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Health savings accounts With a health savings account (or HSA), workers with qualified high-deductible health plans can contribute tax-deductible funds to be used for eligible medical expenses. Brian Sloan, CNBC, 25 Feb. 2025 Many Americans have spent the last 40 years growing tax-deductible retirement savings inside traditional 401(k), 403(b) and IRA accounts. Terry Savage, Chicago Tribune, 24 Feb. 2025 Make your 100 percent tax-deductible donation today to help UNICEF reach more children in need. Unicef Usa, Forbes, 21 Feb. 2025 For more information about the Book Prizes, including the complete list of 2024 finalists and past winners; eligibility and judging information; and how to make a tax-deductible donation in support of the annual literary awards, go to latimes.com/BookPrizes. Los Angeles Times, 19 Feb. 2025 See All Example Sentences for tax-deductible

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“Tax-deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-deductible. Accessed 3 Mar. 2025.

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