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tax-deductible

 
Dictionary: tax-de·duct·i·ble   (tăks'dĭ-dŭk'tə-bəl)
adj.
Exempt from inclusion in one's taxable income.


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Expense that generates a tax deduction. For individuals, some tax deductible items include charitable contributions, mortgage interest, investment interest, state, local and foreign taxes, casualty and theft losses, medical expenses, and unreimbursed business expenses. In some cases, taxpayers must meet a minimum threshold before an expense is deductible. For example, unreimbursed medical expenses are deductible if they exceed 7.5% of Adjusted Gross Income (AGI) in a tax year, and casualty and theft losses must exceed 10% of AGI before they are deductible. In order to deduct miscellaneous expenses, they must total at least 2% of adjusted gross income. If that threshold is reached, such expenses as professional dues and subscriptions, employer-required equipment or uniforms, unreimbursed business travel and entertainment expenses, investment and tax advice, moving expenses, and some home office expenses are deductible. For businesses, the costs of doing business are generally tax deductible.

Real Estate Dictionary: Tax Deductible
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A type of expense that is allowed under tax law. Tax deductible expenses can be used to reduce taxable income. See Tax Deduction.
Example: Interest and Ad Valorem taxes are generally tax deductible for all types of property. Depreciation repairs,Maintenance, Utilities and other ordinary and necessary expenses are tax deductible for Income Property.

Translations: Tax-deductible
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Dansk (Danish)
adj. - som kan trækkes fra i skat

Nederlands (Dutch)
aftrekbaar van de belastingen

Français (French)
adj. - déductible d'impôts

Deutsch (German)
adj. - steuerlich absetzbar

Ελληνική (Greek)
adj. - (οικον.) αφαιρούμενος από τη φορολογητέα ύλη

Italiano (Italian)
detraibile dall'imposta

Português (Portuguese)
adj. - deduzível do imposto

Русский (Russian)
исключаемый из суммы, подлежащей обложению подоходным налогом

Español (Spanish)
adj. - deducible de los impuestos

Svenska (Swedish)
adj. - avdragsgill

中文(简体)(Chinese (Simplified))
可免税的

中文(繁體)(Chinese (Traditional))
adj. - 可免稅的

한국어 (Korean)
adj. - 소득에서 제할 수 있는

日本語 (Japanese)
adj. - 所得から控除できる

العربيه (Arabic)
‏(صفه) أستقطاعات ضريبيه‏

עברית (Hebrew)
adj. - ‮(הוצאה) שניתן לשלמה מההכנסה לפני ניכוי מס-הכנסה‬


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Copyrights:

Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more
Translations. Copyright © 2007, WizCom Technologies Ltd. All rights reserved.  Read more