What are the opposite words for deductibility?
Deductibility is the ability for an expense or deduction to be subtracted from your gross income when calculating your taxable income. The opposite of deductibility is non-deductibility, which refers to expenses that cannot be deducted from your taxable income. Non-deductible expenses may include personal expenses, such as entertainment or personal travel, or expenses that are specifically disallowed by the Internal Revenue Service (IRS), such as fines or penalties. Some other antonyms for deductibility include ineligibility, disqualification, inadmissibility, and lack of qualification. While tax laws can be complex, understanding which expenses are deductible and which are not is a crucial aspect of managing your personal and business finances.
What are the antonyms for Deductibility?
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