What does taxable mean?
Definitions for taxable
ˈtæk sə bəltax·able
This dictionary definitions page includes all the possible meanings, example usage and translations of the word taxable.
Princeton's WordNet
taxable, nonexemptadjective
(of goods or funds) subject to taxation
"taxable income"; "nonexempt property"
Wiktionary
taxablenoun
Something on which tax must be paid.
taxableadjective
subject to taxation.
Samuel Johnson's Dictionary
Taxableadjective
That may be taxed.
Etymology: from tax.
ChatGPT
taxable
Taxable refers to any financial income, goods, services, or transactions that are subject to taxation by the government or a legal authority. These taxes could include income tax, sales tax, property tax, or any other forms of tax imposed as per the tax regulations of a particular jurisdiction.
Webster Dictionary
Taxableadjective
capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities
Taxableadjective
that may be legally charged by a court against the plaintiff of defendant in a suit; as, taxable costs
Numerology
Chaldean Numerology
The numerical value of taxable in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of taxable in Pythagorean Numerology is: 2
Examples of taxable in a Sentence
While investors were keeping a keen eye on the FOMC (Federal Open Market Committee) meeting, which concluded on Wednesday on a more hawkish note than some anticipated, taxable-fixed income mutual funds took in small amounts of net new money - $348 million-plus, with ETF investors ... withdrawing $700 million, interestingly, though, both investors types were net purchasers of municipal bond funds, injecting $877 million into conventional open-end funds and $314 million for ETFs, respectively.
It is not advisable for a man of Murdoch's age to engage in a taxable sale of his property, if he passed away while still owning the property, his heirs would achieve a basis step-up for the property, thus eliminating, forever, any capital gains tax on the appreciation in the assets that accrued during the scions' lifetime.
You should not let the tax tail wag the dog, but you should consider that capital losses can offset taxable capital gains from investments and reduce your tax bill.
The IRS is trying to communicate that an accretion of value... will trigger a taxable event, whether you are using the currency to buy a tangible item or to acquire a virtual item, how to keep track of these transactions and their taxable effect is an issue that Congress and the Treasury Department both are grappling with.
If you have mutual funds in a taxable account, it is important to check the estimated mutual fund distributions that the fund families release ahead of time, by tax-loss harvesting this fund, not only do you avoid the capital gains distribution, you also capture a tax deduction. The combination could be a substantial savings.
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Translations for taxable
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"taxable." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/taxable>.
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