nondeductible

adjective

non·​de·​duct·​ible ˌnän-di-ˈdək-tə-bəl How to pronounce nondeductible (audio)
: not deductible
especially : not deductible for income tax purposes
a nondeductible contribution
nondeductibility noun

Example Sentences

Recent Examples on the Web In response, companies must spend ample sums of nondeductible money for security and cash-handling services. Rolling Stone, 22 Nov. 2022 There are other ways to turn nondeductible political donations into ones that are. Laura Saunders, WSJ, 16 Sep. 2022 George had been making nondeductible contributions for all those years. Arthur Mcpherson, Forbes, 26 Aug. 2022 Be careful, since tax changes in effect since 2018 can make fees nondeductible. Robert W. Wood, Forbes, 19 Apr. 2021 Rents rose as landlords refused to pay their mortgage interest with nondeductible cash. Dan Palmer And David Williams, WSJ, 25 Oct. 2021 But indirectly, anyone could make a nondeductible contribution to a traditional IRA then convert this after-tax contribution to a Roth to ensure that future earnings grow tax-free. Russ Wiles, The Arizona Republic, 10 Oct. 2021 However, this limit could be bypassed by making a nondeductible IRA contribution and converting it to a Roth. Leon Labrecque, Forbes, 14 Sep. 2021 The transaction is considered to include a pro rata portion of the nondeductible contributions. Bob Carlson, Forbes, 18 May 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'nondeductible.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Word History

First Known Use

1943, in the meaning defined above

Time Traveler
The first known use of nondeductible was in 1943

Dictionary Entries Near nondeductible

Cite this Entry

“Nondeductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nondeductible. Accessed 9 Feb. 2023.

Kids Definition

nondeductible

adjective
non·​de·​duct·​ible -di-ˈdək-tə-bəl How to pronounce nondeductible (audio)
: not deductible
especially : not deductible for income tax purposes
a nondeductible contribution
nondeductibility noun
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