deductible

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Related to deductibility: ductile

de·duct·i·ble

 (dĭ-dŭk′tə-bəl)
adj.
That can be deducted, especially with respect to income taxes: deductible expenses.
n.
1. Something, such as an expense, that can be deducted, as for income-tax purposes.
2.
a. A clause in an insurance policy that exempts the insurer from paying an initial specified amount in the event that the insured sustains a loss or must pay for services otherwise covered under the policy.
b. The specified amount that must be paid by the holder of such a policy.

de·duct′i·bil′i·ty n.

deductible

(dɪˈdʌktɪbəl)
adj
1. (Mathematics) capable of being deducted
2. (Accounting & Book-keeping) US and Canadian short for tax-deductible
n
(Insurance) insurance US and Canadian a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholder. Also called (in Britain and certain other countries): excess
deˌductiˈbility n

de•duct•i•ble

(dɪˈdʌk tə bəl)

adj.
1. capable of being deducted.
2. allowable as a tax deduction.
n.
3. the amount for which the insured is liable on each claim made on an insurance policy.
[1855–60]
de•duct`i•bil′i•ty, n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.deductible - (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
amount, amount of money, sum, sum of money - a quantity of money; "he borrowed a large sum"; "the amount he had in cash was insufficient"
2.deductible - a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
clause, article - a separate section of a legal document (as a statute or contract or will)
Adj.1.deductible - acceptable as a deduction (especially as a tax deduction)
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
nondeductible - not allowable as a deduction
Translations

deductible

[dɪˈdʌktəbl] ADJdeducible, descontable; (for tax purposes) → desgravable, deducible

deductible

adjabziehbar; (= tax deductible)absetzbar

deductible

[dɪˈdʌktəbl] adjdeducibile

de·duc·ti·ble

a. deducible.

deductible

n (insurance) deducible m, franquicia (esp. Esp); to reach your deductible..alcanzar el deducible (la franquicia)
References in periodicals archive ?
Cuomo called on the federal government to withdraw proposed charitable donation regulations that take aim at New York's program to mitigate the impact of the federal elimination of full state and local tax deductibility. The Governor issued a letter calling on Internal Revenue Service Commissioner Charles P.
New York Governor Andrew Cuomo announced that New York, New Jersey, and Connecticut have launched a coalition to sue the federal government to challenge the new GOP tax bill that eliminates full state and local tax deductibility. This provision effectively preempts the states' ability to govern by reducing the ability to provide for their own citizens and unfairly targets New York and similarly situated states in violation of the Constitution.
The increases in deductibility limits from 2014 to 2015, respectively, are $370 to $380 for taxpayers 40 or younger; $700 to $710 between ages 40 and 50; $1,400 to $1,430 between ages 50 and 60; $3,720 to $3,800 between ages 60 and 70; and $4,660 to $4,750 for anyone over 70.
The family could simply keep the name of the parent on file, without sending the name to the IRS -- but, if the IRS audited the family's compliance with the Patient Protection and Affordable Care (PPACA) limit on the deductibility of executive pay, the audit team would use the parent entity information in the audit process.
* The consumer should consult a tax adviser for further information regarding deductibility issues.
The subsequent sections, which comprise the bulk of the paper, analyze the impact of state and local tax deductibility on public K-12 education.
The move follows the submission to the Parliament of a new bill governing that bound long-term savings will be extended to cover tax deductibility of mutual funds, term deposits and bonds, among other things.
The Legislative Revenue Office estimates that eliminating the cap on deductibility would reduce general-fund revenues by $1.1 billion in the 2009-11 biennium.
Provisional VAT deductibility in the UKThe Council authorised London to continue applying a VAT deductibility scheme (up to 50%) for the hiring of motor vehicles whose use is not only reserved for companies.
The proposed ruling would provide clarifying guidance regarding the deductibility of health insurance premiums covering S corporation shareholders.
67(a) and not to limit the deductibility of any other trust administrative costs.
* Abandon altogether or substantially narrow the Reasonable Expectation of Profit (REOP) test included in draft legislation clarifying the deductibility of interest and other expenses.