How Do You Spell NONDEDUCTIBLE?

Pronunciation: [nˌɒndɪdˈʌktəbə͡l] (IPA)

The word "nondeductible" is spelled with the prefix "non-" meaning "not" or "lacking", followed by "deductible", which means able to be subtracted from taxable income. The IPA phonetic transcription for this word is /nɑn.dɪˈdʌk.tə.bəl/, with emphasis on the second syllable. The letters "ou" in "deductible" are pronounced as a short "u" sound, while the letters "e" and "i" in "non-" are pronounced as "eh" and "ih" respectively. When spoken, each syllable should be pronounced clearly and distinctly.

NONDEDUCTIBLE Meaning and Definition

1. Nondeductible refers to something that is not eligible or is prohibited from being subtracted or deducted from taxable income. In the context of taxation, when an expense or item is categorized as nondeductible, it means that it cannot be claimed as a deduction on an individual or entity's tax return.

   Nondeductible expenses may include certain personal expenses that do not directly contribute to the generation of income or the operation of a business. This typically includes expenses categorized as luxury or lavish in nature, such as entertainment, vacations, or personal hobbies.

   Another common example of nondeductible items are expenses or payments that are not recognized by the tax laws, such as penalties and fines. These types of expenses are generally not considered deductible because they are seen as punitive rather than necessary for the production of income.

   Additionally, some forms of interest payments, such as credit card or personal loan interest, may also be categorized as nondeductible expenses. This is because they are considered personal in nature and do not directly relate to business or investment activities.

   Overall, the term nondeductible refers to expenses or items that are specifically excluded from being deducted, leading to an increase in taxable income and potentially higher tax liability.

Common Misspellings for NONDEDUCTIBLE

• nondeuctible
• nondeductable
• bondeductible
• mondeductible
• jondeductible
• hondeductible
• nindeductible
• nkndeductible
• nlndeductible
• npndeductible
• n0ndeductible
• n9ndeductible
• nobdeductible
• nomdeductible
• nojdeductible
• nohdeductible
• nonseductible
• nonxeductible
• undeductible
• Noneductble
• nondeudctable

Etymology of NONDEDUCTIBLE

The word "nondeductible" is derived from the combination of three linguistic elements:

1. Non-: A prefix that comes from the Latin word "non" meaning "not" or "without".

2. Deductible: The term "deductible" is formed from the noun "deduction" and the suffix "-ible". The noun deduction comes from Latin "deductio", meaning "a leading down or away" or "a taking away". In English, "deduction" refers to the amount of money, usually specified as an agreed sum, to be subtracted from the total insured value in the event of a claim before the insurer pays the remaining amount. The suffix "-ible" is derived from Latin "-ibilis", indicating "susceptible of" or "capable of".