ALL meanings of tax-deductible
tax-de·duct·i·ble
T t - adjective tax-deductible noting an item the value or cost of which is deductible from the gross amount on which a tax is calculated. 1
- adjective tax-deductible If an expense is tax-deductible, it can be paid out of the part of your income on which you do not pay tax, so that the amount of tax you pay is reduced. 0
- adjective tax-deductible (of an expense, loss, etc) legally deductible from income or wealth before tax assessment 0
- adjective tax-deductible that is allowed as a deduction in computing income tax 0
- adjective tax-deductible If an expense or loss is tax deductible, it can be paid out of the part of your income on which you do not pay tax, so that the amount of tax that you pay is reduced. 0