nontaxable

adjective
non·​tax·​able | \ˌnän-ˈtak-sə-bəl \

Definition of nontaxable 

: not liable to taxation : not taxable nontaxable income nontaxable insurance benefits

Examples of nontaxable in a Sentence

Recent Examples on the Web

The case for treating these mansions as a nontaxable fringe benefit has always been weak. WSJ, "Are Mansions on Campus a Charitable Need?," 14 Oct. 2018 The tax benefits of HSAs should also be noted: contributions which may be made tax free or are tax deductible, investment income from HSAs grows tax free and withdrawals are nontaxable if used for qualified medical expenses. WSJ, "Price Opacity Limits Optimal Use of HSAs," 27 June 2018 The solution is for the state to allow all of the registers to distinguish a hot cup of bean soup (taxable) from a cold can of beans (nontaxable). Sean P. Murphy, BostonGlobe.com, "At Downtown Crossing Roche Bros., skipping the longer line can cost you," 18 Apr. 2018 The city envisioned a tax increment financing district that would generate new tax dollars, but McDonald said using nontaxable land at the center of such a proposal would doom the success of that goal from the start. Jim Riccioli, Milwaukee Journal Sentinel, "Waukesha city says no to Frame Park stadium development 'at this time'," 15 Feb. 2018 Non-filing can be attributed to a number scenarios such as receipt of nontaxable retirement income, inadequate withholding and/or basic noncompliance. Katrease Stafford, Detroit Free Press, "Detroit seeks to compel landlords to list renters in search for tax evaders," 17 Apr. 2018 The aid helps districts offset property tax revenue that is lost because of nontaxable federal land, such as a military base. Valerie Strauss, Washington Post, "Military groups to DeVos: Drop plan for private school vouchers. We don’t want them.," 10 Apr. 2018 Ryan Losi, a certified public accountant with Piascik in Glen Allen, Va., says the taxpayer could reasonably treat it as a nontaxable exchange. Laura Saunders, WSJ, "Do You Own Bitcoin? The IRS Is Coming for You," 16 Mar. 2018 The easiest way to convert such income to a nontaxable form is to move it into a Roth account. Wendy Connick, USA TODAY, "Here's how to legally avoid taxes on your Social Security benefits," 29 Dec. 2017

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

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First Known Use of nontaxable

1827, in the meaning defined above

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Last Updated

21 Nov 2018

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The first known use of nontaxable was in 1827

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