pretax

alternative pre-tax

1. not comparableBefore the payment of taxes.

   But you wouldn't just owe tax on the funds you're converting; you'd also have to take the pretax contributions and gains in all your non-Roth IRAs into account.

   2012 July 31, Walter Updegrave, “'Should I convert my IRA into a Roth?'”, in CNN Money, archived from the original on 31 Jan 2023

present singular third person pretaxes · participle present pretaxing · participle past pretaxed · past pretaxed · alternative pre-tax

1. To tax before the action being taxed occurs.

   Although cash flows arising after the sale to the nonprofit are not taxed when they arise, that result is perfectly appropriate because the cash flows were pretaxed (in expected present value) at the time of the sale.

   2012, Alan D. Viard, Robert Carroll, Progressive Consumption Taxation: The X-Tax Revisited, page 149

   1 more example

   It is the motion that says let us rescind this part that pretaxes breaking the law or that causes me to pay the penalty for other people breaking the law . Let us rescind that. If all members vote in favour of that it will pass and we […]

   1997, Canada. Parliament. House of Commons, House of Commons Debates, Official Report