Definition of taxable in English:

taxable

adjective

  • Liable to be taxed; subject to tax.

    ‘taxable income’
    ‘taxable employee benefits’
    • ‘The typical profit-sharing plan - taxable bonuses doled out each profitable quarter - seemed shortsighted.’
    • ‘Up to $3,000 of investment losses can be used to reduce regular taxable income.’
    • ‘Taxable sales in the county increased 40%.’
    • ‘Sole proprietorships are audited more than any other taxable entity.’
    • ‘Net capital gains are fully taxable.’

Pronunciation

taxable

/ˈtaksəb(ə)l/