What is another word for tax-deductible?
Pronunciation: [tˈaksdɪdˈʌktəbə͡l] (IPA) 
Tax-deductible is a common term used in financial and business circles. It refers to an expense or donation that can be deducted from one's taxable income. However, there are other phrases that can be used interchangeably with tax-deductible. Some of these include tax-exempt, tax-reducing, tax-saving, and deductible. Tax-exempt means an item or expense is not subject to taxation, while tax-reducing implies that an expense or deduction reduces one's tax liability. Tax-saving is a term used to describe actions taken to legally minimize taxes owed, while deductible means it can be subtracted from one's income before taxes are calculated. Using these synonyms can help to clarify financial and tax-related information.
