What is another word for nondeducible?

Pronunciation: [nˌɒndɪdjˈuːsəbə͡l] (IPA)

Nondeducible is a term often used in the financial realm, particularly in taxation. It refers to expenses or losses that cannot be deducted from taxable income. Synonyms for nondeducible include non-deductible, non-allowable, non-chargeable, non-reimbursable, and non-eligible for tax deductions. These terms all highlight the same concept of being unable to reduce taxable income through deductions. Nondeducible expenses can range from personal expenses to certain business costs, depending on the tax laws of a particular jurisdiction. Being aware of these synonymous terms is essential for individuals and businesses to accurately report their financial transactions while remaining compliant with tax regulations.

What are the opposite words for nondeducible?

The word "nondeducible" is used to describe something that cannot be reduced or deducted in any way. Its antonyms are "deductible," "removable," and "reducible." When something is deductible, it means that it can be deducted or reduced from the total amount. For example, a deductible expense can be claimed as a deduction on a tax return. The opposite of non-deductible is deductible. Similarly, removable means that something can be taken away or eliminated. Conversely, non-removable means that something cannot be taken away. Finally, reducible means capable of being reduced or made smaller. The opposite of non-reducible is reducible.

What are the antonyms for Nondeducible?

  • Other relevant words:

    Other relevant words (noun):

Word of the Day

STK BUY
In financial jargon, the term "STK BUY" usually refers to a stock purchase or buying shares in a company. Synonyms for this phrase often depend on the context or the industry. For ...