Vocabulary Entry

taxable

|adjective • noun

adjective

Subject to taxation; liable to be taxed.

Example Sentences

"The income from my part-time job is considered taxable."

"They offered a deductible expense for every taxable amount."

"We need to determine which assets are taxable under the new law."

noun

Example Sentences

"For my tax return, I need to list all my taxables."

"The accountant provided a detailed report of all taxables from last year."

"Certain taxables can increase your overall tax liability."