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

Examples of tax-deductible in a Sentence

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But the law firm Skadden released tax guidance stating that Freedom 250 essentially borrows its tax-exempt status from the National Park Foundation, which is a 501(c)(3) organization eligible for tax-deductible donations. Sarah Webber, The Conversation, 6 Aug. 2026 When estimating quarterly tax obligations, sole proprietors should keep in mind that owner draws are NOT tax-deductible expenses for their business. Allbusiness, Forbes.com, 4 Aug. 2026 Contributions aren't tax-deductible, and investment earnings may be taxable under the rules for a child's unearned income. Liz Knueven, CNBC, 7 July 2026 Corporations and philanthropies like nonprofits and local governments may also make tax-deductible contributions of up to $2,500 a year into the account. Yi-Jin Yu, ABC News, 2 July 2026 See All Example Sentences for tax-deductible

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“Tax-deductible.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-deductible. Accessed 14 Aug. 2026.

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