pretax

adjective

pre·​tax ˌprē-ˈtaks How to pronounce pretax (audio)
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

Examples of pretax in a Sentence

Recent Examples on the Web
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The bank said its pretax profit for the financial year fell to £223 million ($300 million), an almost 26% drop from a year earlier that was largely attributed to a regulatory fine for inadequate financial crime controls and a provision to cover issues with Covid-era loans. Robert Olsen, Forbes.com, 28 May 2025 First are tax-return data that track pretax market income: salaries, dividends, and realized capital gains. Daniel Waldenstrom, Foreign Affairs, 19 May 2025 The company reports earnings on Tuesday and is expected to make about 540 million euros in pretax income on €4.2 billion in sales, according to S&P Capital IQ. Jessica Testa, New York Times, 28 Apr. 2025 Revenue growth in the current fiscal year is forecast to meet or exceed what the Street was expecting, although higher tariffs are seen cutting pretax profit by about $30 million. Darla Mercado, Cfp®, CNBC, 14 May 2025 See All Example Sentences for pretax

Word History

First Known Use

1917, in the meaning defined above

Time Traveler
The first known use of pretax was in 1917

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Cite this Entry

“Pretax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pretax. Accessed 6 Jun. 2025.

Legal Definition

pretax

adjective
pre·​tax
ˌprē-ˈtaks
: existing or occurring before the assessment or deduction of taxes
pretax income
pretax contributions
Last Updated: - Updated example sentences
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