tax-free

adjective

: not taxed

tax-free medical benefits

Example Sentences

Recent Examples on the Web FSAs are tax-free because neither your contribution nor withdrawals to pay for a qualified expense are taxed. —

Medora Lee, USA TODAY, 3 Mar. 2023 Maryland 529 is an independent state agency that allows people to invest money for educational purposes and withdraw it tax-free. —

Lia Russell, Baltimore Sun, 3 Mar. 2023 This allows the investment gains to grow, and withdrawals are tax-free in retirement. —

Byalicia Adamczyk, Fortune, 1 Mar. 2023 Janet is a single taxpayer with $35,000 of taxable ordinary income for 2022 after deductions and exemptions, such as for tax-free municipal-bond interest. —

Laura Saunders, WSJ, 1 Mar. 2023 Not all municipalities participate in the tax-free weekend. —

Leada Gore | Lgore@al.com, al, 24 Feb. 2023 The state agency is named for the federal tax code section that allows parents to invest money for educational purposes and withdraw it tax-free. —

Lia Russell, Baltimore Sun, 22 Feb. 2023 See More

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