taxable

[ tak-suh-buh l ]
/ ˈtæk sə bəl /

adjective

capable of being taxed; subject to tax: a taxable gain.

noun

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

Origin of taxable

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

OTHER WORDS FROM taxable

British Dictionary definitions for nontaxable (1 of 2)

nontaxable
/ (nɒnˈtæksəbəl) /

adjective

not subject to tax

British Dictionary definitions for nontaxable (2 of 2)

taxable
/ (ˈtæksəbəl) /

adjective

capable of being taxed; able to bear tax
subject to tax

noun

(often plural) US a person, income, property, etc, that is subject to tax

Derived forms of taxable

taxability or taxableness, noun taxably, adverb