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

Recent Examples on the Web
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Support Arizona news coverage with a tax-deductible donation at supportjournalism.azcentral.com. Sarah Lapidus, The Arizona Republic, 1 Nov. 2024 Please consider supporting journalism that informs our democracy with a tax-deductible gift to Report for America by visiting postcrescent.com/RFA. Madison Lammert, Journal Sentinel, 25 Oct. 2024 Trump has vowed to boost the US auto industry by making interest on car loans fully tax-deductible. Jason Ma, Fortune Europe, 21 Oct. 2024 Typically, the unused sick leave is still considered taxable to the employee who earned the benefit, and the donation isn’t considered tax-deductible (remember, generally, only donations to qualifying charitable organizations are deductible). Kelly Phillips Erb, Forbes, 19 Oct. 2024 See all Example Sentences for tax-deductible 

Dictionary Entries Near tax-deductible

Cite this Entry

“Tax-deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-deductible. Accessed 15 Nov. 2024.

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