tax
a
ble
1
subject to being taxed by the government
- Income earned from freelance work is taxable and must be reported on your tax return.
- The interest earned on savings accounts is considered taxable income.
- Some benefits, such as unemployment compensation, may be taxable depending on the circumstances.
- The sale of stocks may result in taxable capital gains.
- Rental income from investment properties is usually taxable.
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