Deductibility
Definition, Meaning & Examples
Pronunciation /dɪˌdʌktəˈbɪlɪti/ · Part of speech noun
Quick meaning: Deductibility is a noun meaning The ability to be deducted, such as from one's taxes.
Meaning
The ability to be deducted, such as from one's taxes.
Example Sentences
There is no doubt about the deductibility of these expenses.
In several months you’re likely to have a clearer picture on how your state intends to treat your forgiven PPP loan and the deductibility of your business expenses not just for tax year 2020 but also tax year 2021.
Word Forms
- deductibilities
Related Words
Related dictionary entries include discount, capital, claim, eligibility, allowance, allowable.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.