taxable
adjective
tax·able
ˈtak-sə-bəl 
1
: subject to being taxed : making one liable to taxation
a taxable amount
a taxable event
2
: that may be properly charged by the court against the plaintiff or defendant in a suit
taxable costs
3
: used as the basis of a tax computation
a taxable period
taxability
noun
ˌtak-sə-ˈbi-lə-tē
Cite this Entry
“Taxable.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/taxable. Accessed 31 Oct. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share