Nontaxable

Pronunciation: /nɑːnˈtæksəbəl/

Nontaxable (adjective)

  1. Not required to pay tax on this income or item.

Examples

  • Some income can be classified as nontaxable under certain conditions.
  • Some income is nontaxable and does not require payment.

Common collocations: nontaxable income, nontaxable benefits, nontaxable transactions

Synonyms of Nontaxable

Formal

Neutral

Antonyms of Nontaxable

  • Refers to income or items that are subject to taxation.