taxable income
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
If you had an unusually low-income year and can carefully manage your taxable income, or can spread withdrawals over several years instead of taking a single large distribution, dipping into your traditional IRA makes sense.
From MarketWatch ● Jul. 20, 2026
If all of the expenses you could use as itemized deductions — other than the mortgage interest — totaled $20,000, the first $15,500 in mortgage interest paid does nothing to reduce your taxable income.
From MarketWatch ● Jun. 30, 2026
The Qualified Small Business Stock tax break, or QSBS, allows founders to exclude up to $15 million in capital gains from their taxable income.
From The Wall Street Journal ● Jun. 29, 2026
If you have no other sources of taxable income besides Social Security, you pay no federal taxes in retirement, as Roth distributions aren’t taxable.
From Barron's ● Jun. 24, 2026
Nearly one-half of the incomes, however, are exempt from taxation because they do not amount to the minimum taxable income, though that is only $214—$4 per week.
From The Thirteenth Greatest of Centuries by Walsh, James J. (James Joseph)