Dictionary

pretax en · ADJ

Etymology

Etymology tree Proto-Indo-European *per- Proto-Indo-European *preh₂- Proto-Indo-European *-i Proto-Indo-European *préh₂i? Proto-Italic *prai Proto-Italic *prai- Latin prae-lbor. Middle English pre- English pre- English tax English pretax From pre- + tax.

Meanings

1. (not-comparable) Before 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:

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Translations (2)

gd ro chìsean (before the payment of taxes) · fi veroton (before the payment of taxes)

pretax en · VERB

Etymology

Etymology tree Proto-Indo-European *per- Proto-Indo-European *preh₂- Proto-Indo-European *-i Proto-Indo-European *préh₂i? Proto-Italic *prai Proto-Italic *prai- Latin prae-lbor. Middle English pre- English pre- English tax English pretax From pre- + tax.

Meanings

1. To tax before the action being taxed occurs.
   • 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:
   • 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:

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