Meaning & use
deductible on taxes
Last updated
Meaning
phrasefixed phrasebusinessfinance
Able to be subtracted from your income before tax is calculated, reducing the tax you owe.
Grammar: Used after a linking verb: The donation is deductible on taxes. Also common as 'tax-deductible' before a noun.
Patterns
- be deductible on taxes
- tax-deductible expense
- deductible for tax purposes
Charitable donations are deductible on taxes if you itemize.
Many home office expenses are deductible on taxes for self-employed people.
Is the cost of this equipment deductible on taxes this year?
Common combinations
- tax-deductible
- Keep receipts for all tax-deductible purchases.
- fully deductible
- The interest on a student loan may be fully deductible.
- deductible expense
- Travel for work can be a deductible expense.
Synonyms and how they differ
- tax-deductible
- Tax-deductible is the standard adjective used before nouns; 'deductible on taxes' is a more spoken phrase.
- allowable
- Allowable means permitted by the rules; deductible specifically means it can be subtracted from taxable income.
Opposites
Word family
Commonly confused: deductible on taxes or deductible vs. deduction?
deductible on taxes vs deductible vs. deduction
Deductible is an adjective meaning able to be subtracted; a deduction is the amount subtracted. You have a deduction; an expense is deductible.
Practice
Which sentence uses 'deductible on taxes' correctly?
Choose one answer.
The adjective 'deductible' is needed after 'is': The donation is deductible on taxes. 'Deduction' is a noun and cannot follow 'is' here; 'deduct' is a verb and would need a different structure; 'deducting' is a participle and does not fit this pattern.
Make it your own
Write a sentence using “deductible on taxes”, then check it and compare it with the examples above.