nontaxable
adjective
non·tax·able
ˌnän-ˈtak-sə-bəl 
: not liable to taxation : not taxable
nontaxable income
nontaxable insurance benefits
Examples of nontaxable in a Sentence
Recent Examples on the Web
The requirements don’t apply to nontaxable personal transactions such as birthday or holiday gifts, sharing the cost of a ride or meal, or paying a family member for a household bill, the IRS noted.
—
The Arizona Republic, 9 Jan. 2024
It's taxed based on a formula: add your adjusted gross income (AGI), nontaxable interest (think municipal bonds), and 50% of your SS benefits.
—Kelly Phillips Erb, Forbes, 17 Feb. 2024
Distributions spent on qualified education expenses are nontaxable, as with 529 plans, but the account must be emptied by the beneficiary’s 30th birthday.
—Tanza Loudenback, wsj.com, 15 Dec. 2023
Watching the yield differential between taxable and nontaxable bonds is a valuable practice the top one-percent investors do, or hire an expert to do.
—Nicole Gull McElroy, Fortune, 13 July 2023
Employer contributions to health insurance are nontaxable compensation.
—Brian Blase, Forbes, 20 Oct. 2021
The first $10,200 of unemployment benefits per resident — $20,400 for those married and filing jointly — are now nontaxable for returns with an adjusted gross income of less than $150,000, according to a retroactive provision included in the American Rescue Plan Act of 2021.
—Jenny Whidden, chicagotribune.com, 12 May 2021
But certain commercial uses of these fuels are nontaxable.
—Michelle Singletary, Washington Post, 31 Mar. 2023
Senate Democrats reached a deal with key centrists, including Joe Manchin, on a $1.9 trillion spending package to extend enhanced federal unemployment benefits until Sept. 6 but lower them from $400 to $300 per week while making the first $10,600 nontaxable.
—Susan Ferrechio, Washington Examiner, 5 Mar. 2021
The Arizona Republic, 9 Jan. 2024
It's taxed based on a formula: add your adjusted gross income (AGI), nontaxable interest (think municipal bonds), and 50% of your SS benefits.
—Kelly Phillips Erb, Forbes, 17 Feb. 2024
Distributions spent on qualified education expenses are nontaxable, as with 529 plans, but the account must be emptied by the beneficiary’s 30th birthday.
—Tanza Loudenback, wsj.com, 15 Dec. 2023
Watching the yield differential between taxable and nontaxable bonds is a valuable practice the top one-percent investors do, or hire an expert to do.
—Nicole Gull McElroy, Fortune, 13 July 2023
Employer contributions to health insurance are nontaxable compensation.
—Brian Blase, Forbes, 20 Oct. 2021
The first $10,200 of unemployment benefits per resident — $20,400 for those married and filing jointly — are now nontaxable for returns with an adjusted gross income of less than $150,000, according to a retroactive provision included in the American Rescue Plan Act of 2021.
—Jenny Whidden, chicagotribune.com, 12 May 2021
But certain commercial uses of these fuels are nontaxable.
—Michelle Singletary, Washington Post, 31 Mar. 2023
Senate Democrats reached a deal with key centrists, including Joe Manchin, on a $1.9 trillion spending package to extend enhanced federal unemployment benefits until Sept. 6 but lower them from $400 to $300 per week while making the first $10,600 nontaxable.
—Susan Ferrechio, Washington Examiner, 5 Mar. 2021
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'nontaxable.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1827, in the meaning defined above
Dictionary Entries Near nontaxable
Cite this Entry
“Nontaxable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nontaxable. Accessed 19 Apr. 2024.
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