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

See Examples For:

tax-deductible

To maintain nonprofit status, which allows donations to be tax-deductible, organizations must follow IRS rules on lobbying, political campaign activity and annual reporting requirements, as well as other obligations.

From Los Angeles Times ● Sep. 3, 2026

Meanwhile, contributions to traditional accounts were often tax-deductible and came with a company match.

From The Wall Street Journal ● Aug. 21, 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

If you earn more than the limit, you are not able to make tax-deductible contributions.

From MarketWatch ● Apr. 9, 2026

These meetings cost the BAC anywhere from $6,000 to $12,000 or more, paid out of the dues of members ... which have been judged tax-deductible by the Internal Revenue Service....

From The Invisible Government by Dan Smoot

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