Definition of nondeductible in English:

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Pronunciation: /ˌnändiˈdəktəb(ə)l/

Entry from US English dictionary


Not allowable as a deduction from income for the calculation of taxes.
Example sentences
  • Prior to 1998, individuals who wanted to fund an IRA could make either a deductible or nondeductible contribution to a Traditional IRA.
  • He will find methods of converting nondeductible expenses into deductible ones.
  • However, to the extent you made nondeductible contributions to a retirement account, those amounts will not be protected.
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