tax-deductible
adjective
: allowed to be subtracted from the total amount of a person's income before calculating the tax he or she is required to pay : allowable as a deduction from taxes
a tax-deductible donation
Examples of tax-deductible in a Sentence
Recent Examples on the Web
HSAs offer triple tax benefits: contributions are tax-deductible, the assets grow tax-free and withdrawals for qualified medical expenses are tax-free.
—
Rodney M. Loesch, Kansas City Star, 19 Mar. 2025
That becomes a tax-deductible cash donation for the full value of the items, after processing, to the non-profit charity of the donor’s choice.
—Christina Mayo, Miami Herald, 19 Mar. 2025
Filmmakers and artists often use fiscal projects to fund projects through tax-deductible donations, such as those sponsored by the International Documentary Association and The Film Collective.
—Al Sefati, Forbes, 17 Mar. 2025
The New York Times reported that since 2020, Musk has funded the charity with billions of dollars of tax-deductible stock donations but that the foundation has not given enough away to technically be eligible for this deduction.
—Emily Blackwood, People.com, 15 Mar. 2025
See All Example Sentences for tax-deductible
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Rodney M. Loesch, Kansas City Star, 19 Mar. 2025
That becomes a tax-deductible cash donation for the full value of the items, after processing, to the non-profit charity of the donor’s choice.
—Christina Mayo, Miami Herald, 19 Mar. 2025
Filmmakers and artists often use fiscal projects to fund projects through tax-deductible donations, such as those sponsored by the International Documentary Association and The Film Collective.
—Al Sefati, Forbes, 17 Mar. 2025
The New York Times reported that since 2020, Musk has funded the charity with billions of dollars of tax-deductible stock donations but that the foundation has not given enough away to technically be eligible for this deduction.
—Emily Blackwood, People.com, 15 Mar. 2025
See All Example Sentences for tax-deductible
Cite this Entry
“Tax-deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-deductible. Accessed 27 Mar. 2025.
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