Examples of 'not deductible' in a sentence

Meaning of "not deductible"

The term 'not deductible' refers to an expense or cost that cannot be subtracted or deducted from taxable income when calculating taxes. Certain expenses, such as personal expenses or non-business-related expenditures, are not deductible and cannot be used to reduce the amount of tax owed. This means that the individual or company is responsible for paying taxes on the full amount of their income without any deductions for these specific expenses

How to use "not deductible" in a sentence

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not deductible
Goodwill is not deductible for tax purposes.
This interest is a severe penalty as it is not deductible.
This is not deductible from my income tax.
Anything above this amount is not deductible.
Gifts are not deductible for the giver.
You also know what is not deductible.
The clothing is not deductible as a business expense.
Donated time is also generally not deductible.
Gifts are not deductible in income taxation of individuals.
A personal bad debt is ordinarily not deductible.
Contributions are not deductible on your federal tax return.
Funeral and cremation services are not deductible.
These dividends are not deductible for the company.
Contributions to foreign organizations are generally not deductible.
Assets are not deductible against income.

See also

Losses on personal use property are not deductible.
Home repairs are not deductible but home improvements are.
Allocations to book reserves are not deductible.
Dividends are not deductible to the corporation.
Expenditure on which tax is not deductible.
It is also not deductible for the person who pays it.
Personal income tax is not deductible.
It is not deductible from income.
In principle such costs are not deductible.
And not deductible.
All these things are not deductible.
Tax not deductible.
Operational expenses related to personal use are not deductible.
The interest on such loans is not deductible as a business expense.
Gifts made directly to individual victims are not deductible.
This tax is not deductible.
Personal expenses such as board and lodging are not deductible.
Friends are not deductible.
Loss not deductible from profits made by the head office.
Donations made by cash are not deductible.
This fee is not deductible from the first rent instalment.
In most cases life insurance premiums are not deductible.
The substitute tax is not deductible for income tax purposes.
A loss on the sale of the home is not deductible.
Training costs are not deductible as current expenses if they are capital expenditures.
Nature and therefore not deductible.
It is not deductible with respect to CIT.
Federal investment tax not deductible.
Mortgage interest is not deductible in Canada but is deductible in the United States.
Amounts excluded from gross income are not deductible.
Fines are not deductible.
Any amount above this price level is not deductible.
Tax effect of items which are not deductible or assessable for taxation purposes.
The special social security contribution is not deductible though.
These costs are not deductible if any of the following are applicable,.

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