taxable Sentence Examples

1. The income subject to taxation is determined based on the individual's taxable earnings.
2. Business owners must carefully track all taxable expenses to reduce their tax liability.
3. Certain investments may offer tax-free growth, making them attractive to taxable income earners.
4. Taxable benefits, such as employer-provided health insurance, can increase an employee's income without a corresponding increase in take-home pay.
5. The tax rate applied to taxable income varies based on the taxpayer's income bracket.
6. Deductions are items that can be subtracted from taxable income, effectively lowering the amount of tax owed.
7. It is essential to accurately report all taxable events on tax returns to avoid penalties.
8. Taxable property, such as real estate, is subject to annual property taxes.
9. Non-profit organizations may be exempt from certain taxable activities that align with their charitable purposes.
10. The taxable value of a transaction is often the basis for calculating sales and use taxes.

taxable Meaning

Wordnet

taxable (a)

(of goods or funds) subject to taxation

Webster

taxable (a.)

Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities.

That may be legally charged by a court against the plaintiff of defendant in a suit; as, taxable costs.

Synonyms & Antonyms of taxable

Strongest

Synonyms:

• levy
• imposition
• tariff

Strong

Synonyms:

• income-tax
• duty
• excise
• assessment
• impost

Weak

Synonyms:

• estate-tax
• single-tax
• surtax
• surcharge
• toll
• value-added-tax
• supertax
• poll-tax
• personal-tax
• inheritance-tax
• tribute
• sin-tax
• property-tax
• withholding-tax
• flat-tax
• custom-s-
• sales-tax
• hidden-tax
• capitation
• direct-tax
• proportional-tax
• death-tax

FAQs About the word taxable

What is the meaning of the word taxable

(of goods or funds) subject to taxationCapable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities., That may be l

What are the synonyms of the word taxable

levy, imposition, tariff, income tax,duty, excise, assessment, impost, estate tax, single tax

What are the antonyms of the word taxable

No antonyms found.

What is the usage of word taxable

The income subject to taxation is determined based on the individual's taxable earnings.

Business owners must carefully track all taxable expenses to reduce their tax liability.

How to use the word taxable in a sentence?

Certain investments may offer tax-free growth, making them attractive to taxable income earners.

Taxable benefits, such as employer-provided health insurance, can increase an employee's income without a corresponding increase in take-home pay.