deductible
- adjective
- /dɪˈdʌktəbl/
- Specialized
- Is it true that insurance is deductible for business but not for individuals?
- expenses are deductible
- tax-deductible
- contributions are deductible
People always ask me, they say, is this deductible?
- People always ask me, they say, is this deductible?
- So a repair is something that's less capital intensive, which means it's deductible when you actually incur it.
- So that's really one of the keys from a tax standpoint is just make sure you're using it for business and then it's deductible.
Examples
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Originally, the claims were disallowed, but on appeal, it was decided that the expenses were deductible.
Fiction book (1996) -
Gifts made under this program are normally tax-deductible as charitable contributions.
Academic text (2005) -
It's all deductible from my income tax, dear.
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Under US tax code, only the first million is deductible.
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The point is, how much of that is interest which is deductible... and how much is actual mortgage payment, which is not?
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One reason is that the interest will be deductible for U.S. income taxes.
Blog text (6) -
Salary, bonuses, and stock grants are deductible but subject to a limit of $1 million.
Blog text (24) -
You can contribute to an HSA if you have a qualifying high deductible health plan HDHP.
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In all G-7 countries, R&D current expenditures are fully deductible in the year they are incurred.
Academic text (1993) -
The cost of transportation to obtain medical care is deductible as a medical expense.
Antonyms
How Deductible
- Specialized
- Specialized
Surface Forms
Morphology
Etymology
Deductible comes from Latin parts de- 'away' and ducere 'to lead', the same root you see in reduce. So a deductible is something you can 'take away' from an amount, which is why it's used for money you can subtract from your taxable income.