nontaxable

adjective
non·​tax·​able | \ ˌnän-ˈtak-sə-bəl How to pronounce nontaxable (audio) \

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 People receiving nontaxable income, would still get checks. NBC News, "Stimulus checks are coming — here's how to make sure you get yours quickly," 26 Mar. 2020 Although any professional involvement between Burillo and Televisa is unclear, the Marin Independent Journal reports that divorce court filings show Burillo has nontaxable income of $176,000 per month from family sources. Los Angeles Times, "Who is Javier Burillo Azcarraga, the Mexican tycoon arrested after son’s boat death?," 17 Sep. 2019 To determine if your benefit is taxable, add up your gross income, nontaxable interest income and half of your Social Security benefit. Mark Miller, New York Times, "7 of Your Most Burning Questions on Social Security (With Answers)," 2 Aug. 2019 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

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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The first known use of nontaxable was in 1827

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Cite this Entry

“Nontaxable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nontaxable. Accessed 21 Oct. 2020.

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More Definitions for nontaxable

nontaxable

adjective
How to pronounce nontaxable (audio)

English Language Learners Definition of nontaxable

: not taxed

Comments on nontaxable

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