tax-deductible

adjective

: allowed to be subtracted from the total amount of a person's income before calculating the tax he or she is required to pay : allowable as a deduction from taxes
a tax-deductible donation

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Cite this Entry

“Tax-deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-deductible. Accessed 20 Mar. 2023.

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