taxable

[ tak-suh-buh l ]
/ ˈtæk sə bəl /

adjective

capable of being taxed; subject to tax: a taxable gain.

noun

Usually taxables. persons, items of property, etc., that are subject to tax.

Origin of taxable

late Middle English word dating back to 1425–75; see origin at tax, -able

Related forms

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for nontaxable (1 of 2)

nontaxable

/ (nɒnˈtæksəbəl) /

adjective

not subject to tax

British Dictionary definitions for nontaxable (2 of 2)

taxable

/ (ˈtæksəbəl) /

adjective

capable of being taxed; able to bear tax
subject to tax

noun

(often plural) US a person, income, property, etc, that is subject to tax

Derived Forms

taxability or taxableness, nountaxably, adverb
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012