nontaxable
Collocations
3VERB + NONTAXABLE
form
NONTAXABLE + NOUN
event
ADV.
such
Definitions
adj
Not subject to being taxed.
[…] 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.
noun
Anything that is not subject to taxation.
Thesaurus
Idioms & Phrases
Example Bank
2[…] 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
WiktionaryIncome from this source is nontaxable.
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