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deductible

deductible

20 6.2
An amount you can take off your income when you calculate tax
  • noun
  • /dɪˈdʌktəbl/
  • Specialized
translation icon : deducción
  • Often, donation centers will give you a tax-deductible form so you can also claim it on your taxes.
  • tax-deductible
  • deductible charitable donations
  • deductible expense

Examples

  • Those contributions are tax deductible.

  • Similarly, many contributions to universities are tax-deductible for donors.

    Academic text (2016)
  • - It's tax deductible, you know.

  • It's tax deductible, you know.

  • The best part is, it's all tax deductible.

  • You know, all this stuff we bought today is tax deductible.

  • Currently, interest on student loans is tax deductible at the federal level as well as in many states.

    Blog text (17)
  • Gifts in the party bags are not tax deductible.

  • Any contributions to the foundation are tax-deductible and will go to support the publications.

    Academic text (2001)
  • All medical expenses over the deductible amount can be claimed on your tax return, making them tax-deductible.

Synonyms

deduction
vsdeductible
115 3.0

An amount taken away from a total, for example from pay

is specifically used for subtracting amounts when calculating income tax owed
tax deduction
vsdeductible
  • Specialized
22 3.4

An expense or amount you can subtract from your income to lower your tax

is the same but applies to total income or tax, not only expenses
tax write-off
vsdeductible
  • US
6 3.8

An amount you can subtract from your income to reduce the tax you pay

is focused on amounts subtracted from income or tax when computing tax owed

Surface Forms

deductible singular
deductibles plural

Morphology

deductible = deductible (transparent) = deduct + ible

The noun is a zero-derived use of the adjective 'deductible', so the conversion step is straightforward.

Etymology

Deductible comes from Latin parts de- 'away' and ducere 'to lead', the same root as reduce. So a tax deductible is money you can 'take away' from your total income when you work out the tax you owe.