taxable

American  

[tak-suh-buhl] / ˈtæk sə bəl /

adjective

1. capable of being taxed; subject to tax.

   a taxable gain.

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noun

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

ˈtaxable British  

/ ˈtæksəbəl /

adjective

1. capable of being taxed; able to bear tax

2. subject to tax

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noun

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

Other Word Forms

• nontaxability noun
• nontaxable adjective
• nontaxableness noun
• nontaxably adverb
• taxability noun
• taxableness noun
• taxably adverb
• untaxable adjective

Etymology

Origin of taxable

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

Example Sentences

We have a taxable investment account with $1.37 million invested in a total stock market index fund.

From MarketWatch

Bear in mind the tax consequences, however, if you’re selling stocks or funds from a taxable account.

From Barron's

If you were sitting across from me right now, I would urge you to fund the renovation primarily out of your taxable investment accounts.

From MarketWatch

The enhanced deduction means potentially less to pay this tax season for some older Americans, especially those with higher incomes from taxable retirement-account distributions and Social Security checks.

From MarketWatch

GameStop’s substantial net operating losses, which allow it to offset future taxable income, could also make it an ideal acquirer for many targets, Burry wrote.

From The Wall Street Journal

Related Words

• payable