tax-deductible

American  

[taks-di-duhk-tuh-buhl] / ˈtæks dɪˌdʌk tə bəl /

adjective

1. noting an item the value or cost of which is deductible from the gross amount on which a tax is calculated.

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tax-deductible British  

adjective

1. (of an expense, loss, etc) legally deductible from income or wealth before tax assessment

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Example Sentences

A health-savings account, for example, is a triple threat — tax-deductible contributions, tax-free growth and tax-free withdrawals for qualified medical expenses.

From MarketWatch • May 14, 2026

Families can add up to another $5,000 in contributions every year until the child reaches 18, but those donations won’t be tax-deductible.

From Los Angeles Times • May 12, 2026

It was an easier thing to fundraise for because he could raise money in tax-deductible donations, which is different than a political donation.

From Slate • May 7, 2026

These nonprofits don’t have to pay federal taxes and can receive tax-deductible donations.

From Salon • Apr. 5, 2026

Donations are tax-deductible to the extent permitted by law.�

From Songs of the Ridings by Moorman, Frederic William