nondeductible
1
7.1
- adjective
- /ˌnɒn.dɪˈdʌk.tɪ.bəl/
- Specialized
:
no deducible
- He learned that many personal expenses, like vacations, are nondeductible when filing his tax return.
- nondeductible IRA
- nondeductible contribution
Examples
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Contributions are nondeductible, but withdrawals are not subject to income or penalty taxes.
Academic text (1997) -
We are looking for an address of a nondeductible vacation property.
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Nondeductible contributions to the Education IRA are limited to $500 annually per beneficiary.
Academic text (1997) -
Write down the loss figure under column f, but then on the next line write in the description area "Nondeductible personal loss under Regulations 1.165-9." and in column f write the same loss figure, but this time with a plus sign instead of a minus sign.
Blog text (26) -
For example, assuming it is a typical CSA and the farmer is unable to provide the weekly produce or provides significantly less than expected, the member will have a nondeductible personal loss.
Academic text (2018) -
With allocation rules limiting U.S. deductions, the multinational can get deductions for interest by booking in the foreign jurisdiction the interest that is nondeductible in the United States.
Blog text (7) -
Donations to political campaigns are often considered nondeductible for tax purposes.
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The accountant explained that unreimbursed business expenses can be nondeductible under current law.
Antonyms
How Deductible
- Specialized
12
6.7
- Specialized
1
7.1
Surface Forms
Morphology
nondeductible = deductible (transparent) = non + deduct + ible
Formed by negating the clear adjective 'deductible' with the productive prefix 'non-', so the meaning follows directly.
Etymology
Nondeductible comes from the prefix non- meaning 'not' and deductible meaning 'can be taken off your taxes', so it names an expense you cannot subtract from your taxable income.