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Nondeductible

adj, noun

Definitions

Adjective
  1. 1
    That cannot be deducted for income tax purposes, and that tax has to be paid on. not-comparable

    "Since you fund a nondeductible IRA with already-taxed dollars, you might figure you wouldn't pay any income taxes on the conversion."

Adjective
  1. 1
    not allowable as a deduction wordnet
Noun
  1. 1
    Any expense that cannot be deducted for income tax purposes.

Etymology

Etymology 1

From non- + deductible.

Etymology 2

From non- + deductible.

See also for "nondeductible"

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