taxable

[ tak-suh-buhl ]

adjective

1. capable of being taxed; subject to tax:

   a taxable gain.

noun

1. Usually taxables. persons, items of property, etc., that are subject to tax.

ˈtaxable

/ ˈtæksəbəl /

adjective

1. capable of being taxed; able to bear tax
2. subject to tax

noun

1. often plural a person, income, property, etc, that is subject to tax

Derived Forms

• ˌtaxaˈbility, noun
• ˈtaxably, adverb

Other Words From

• taxa·bili·ty taxa·ble·ness noun
• taxa·bly adverb
• nontax·a·bili·ty noun
• non·taxa·ble adjective noun
• non·taxa·ble·ness noun
• non·taxa·bly adverb
• un·taxa·ble adjective

Word History and Origins

Origin of taxable¹

late Middle English word dating back to 1425–75; tax, -able

Example Sentences

Though called a tax credit, it is effectively an income guarantee, paid monthly regardless of whether a family has earned any taxable income.

From Salon

Life insurance proceeds typically aren’t taxable, or payable to a minor child.

From Los Angeles Times

The account becomes taxable to the beneficiary in the year you die, which means the HSA loses one of its three tax breaks.

From Los Angeles Times

But investments held in revocable trusts, such as living trusts, should qualify for the favorable step-up in basis that would eliminate the taxable capital gain at his death.

From Los Angeles Times

UK workers will not be able to sell the shares for three years, after which they will be taxable, unless they are held for five years.

From BBC

Related Words

• payable