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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Named after President Lyndon B. Johnson, the amendment prohibits all 501(c)(3) tax-exempt organizations—like churches, where contributions are tax-deductible—from supporting or opposing candidates in political campaigns. Ron Estes, MSNBC Newsweek, 31 Mar. 2025 Individuals aged 50 and above can contribute an additional $1,000, totaling $8,000. Tax Benefits: Contributions: May be tax-deductible, reducing your taxable income for the contribution year. James Brewer, Forbes, 25 Mar. 2025 HSAs offer triple tax benefits: contributions are tax-deductible, the assets grow tax-free and withdrawals for qualified medical expenses are tax-free. Rodney M. Loesch, Kansas City Star, 19 Mar. 2025 That becomes a tax-deductible cash donation for the full value of the items, after processing, to the non-profit charity of the donor’s choice. Christina Mayo, Miami Herald, 19 Mar. 2025 See All Example Sentences for tax-deductible

Browse Nearby Words

Cite this Entry

“Tax-deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-deductible. Accessed 16 Apr. 2025.

More from Merriam-Webster on tax-deductible

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!