nontaxable

Definitions

Not subject to the payment of taxes.

Exempt from taxation by law.

Examples

Certain types of scholarships and grants are considered nontaxable income by the government.

The interest earned on municipal bonds is often nontaxable at the federal level.

Employees were pleased to learn that the reimbursement for their travel expenses was nontaxable.

Synonyms

tax-exempt duty-free untaxed exempt tax-free non-dutiable excluded

Antonyms

taxable dutiable taxed liable assessable chargeable leviable