nontaxable

/ nɒnˈtæksəbəl /

adjective

1. not subject to tax

Example Sentences

Taxes on Social Security are based on something called “combined income,” which is your adjusted gross income plus any nontaxable interest you earned plus half of your Social Security income.

From Los Angeles Times

“Combined income” is defined as taxpayers’ adjusted gross income, plus their nontaxable interest earnings and half of their Social Security benefits.

From Los Angeles Times

The way you withdraw income — think taxable versus nontaxable accounts — affects everything from the taxes you pay to the price of health care.

From Seattle Times

Up to 85% of Social Security benefits are taxable if “combined income” — adjusted gross income, plus nontaxable interest, plus half of Social Security benefits — exceeds $44,000 for a couple.

From Seattle Times

Among other things, the lawsuit alleges that the couple helped orchestrate a scheme in which their son gave them a nontaxable “gift” of $10 million.

From Seattle Times