(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
Used in a Sentence
deductible
How to use deductible in a sentence. Example sentences and definitions for deductible.
Editorial note
For that matter the cost of visiting your accountant in order to do your taxes is tax deductible.
Examples7
Definitions3
Parts of speech2
Quick take
(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
Meaning at a glance
The clearest senses and uses of deductible gathered in one view.
a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
acceptable as a deduction (especially as a tax deduction)
Definitions
Core meanings and parts of speech for deductible.
noun
(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
noun
a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
adjective
acceptable as a deduction (especially as a tax deduction)
Example sentences
For that matter the cost of visiting your accountant in order to do your taxes is tax deductible.
Since you can't count commuting and you have no office, the mileage from your home office to your sales appointment isn't deductible.
Since the tax-deductible nature of mortgages also applies to your landlord, that factor nets to zero.
Eventually, the full cost of the tractor should be deductible, but because the tractor will help produce income over many years, the deductions should be taken over many years.
I believe most people understand the difference between donating money to a "good cause" and making a tax-deductible donation to a registered charity.
Any business expense on developing software for your business is 100% deductible already.
Mormon families are supposed to give a monthly donation of ten percent of their income to the church as 'tithing', which is tax-deductible, and of course the church is a 'non-profit'.Church assets are estimated at over $30 billion USD, and they pull in about $5 billion annually.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use deductible in a sentence?
For that matter the cost of visiting your accountant in order to do your taxes is tax deductible.
What does deductible mean?
(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
What part of speech is deductible?
deductible is commonly used as noun, adjective.