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nondeductible

adj

Etymology

From non- + deductible.

  1. borrowed from deductus
  2. formed as deductible — “deduct + -ible”
  3. formed as nondeductible — “non- + deductible”

Definitions

  1. 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.

  2. Any expense that cannot be deducted for income tax purposes.

The neighborhood

Vish — recursive loop

No curated loop yet for nondeductible. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA