nondeductible

Meanings

• adjective

  Relating to expenses that cannot be deducted from taxable income.

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Variants

List of all variants of nondeductible that leads to same result
nondeductibilities , nondeductibility , nondeductible

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Etymology

origin and the way in which meanings have changed throughout history.

From non- + deductible

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. In the United States, common non-deductible expenses include personal use of a car, most entertainment expenses, and clothing except for uniforms and protective gear.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. tax deductions: Expenses or losses that can be subtracted from income before calculating income tax.

2. taxable income: Income that is subject to income tax.

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How to Memorize "nondeductible"

1. mnemonics
   

   - Remember, expenses like entertainment and travel are often non-deductible.

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