nondeductible

Valid in Scrabble

Definition of nondeductible

2 senses · 2 parts of speech · etymology included

adj

(not-comparable)That cannot be deducted for income tax purposes, and that tax has to be paid on.

“Since you fund a nondeductible IRA with already-taxed dollars, you might figure you wouldn't pay any income taxes on the conversion.”

See all 2 definitions

adj

(not-comparable)That cannot be deducted for income tax purposes, and that tax has to be paid on.

“Since you fund a nondeductible IRA with already-taxed dollars, you might figure you wouldn't pay any income taxes on the conversion.”

noun

Definitions from Wiktionary, CC BY-SA.

From non- + deductible.

200+ playable · top: DEDUCTIBLE (16 pts)

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