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Nontaxable

adj, noun

Definitions

Adjective
  1. 1
    Not subject to being taxed. not-comparable

    "[…] It is going to be up to the taxpayer, if they receive a 1099 in any form for a nontaxable event, such as splitting rent among roommates, splitting a dinner bill, or even selling something on eBay for less than you paid for it, to explain to the IRS that the 1099 was received for a non-taxable transaction,” said Mark Luscombe, principal analyst for tax publisher Wolters Kluwer Tax & Accounting."

Adjective
  1. 1
    (of goods or funds) not subject to taxation wordnet
Noun
  1. 1
    Anything that is not subject to taxation.

Etymology

Etymology 1

From non- + taxable.

Etymology 2

From non- + taxable.

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