noun
- plural of deductibility; the quality or state of being deductible, especially in tax or accounting contexts
Usage: formal; chiefly used in tax and accounting
Examples
- The tax advisor explained the deductibilities of various business expenses.
- Questions about the deductibilities of charitable donations often arise during tax season.
- The new regulations clarified the deductibilities of medical expenses for self-employed workers.
- Accountants must stay current on changes to deductibilities under federal tax law.
- The client asked about the deductibilities of home office expenses for remote workers.