TAXABLE
taxable, nonexempt
(adjective) (of goods or funds) subject to taxation; “taxable income”; “nonexempt property”
Source: WordNet® 3.1
Etymology
Adjective
taxable (not comparable)
subject to taxation.
Noun
taxable (plural taxables)
Something on which tax must be paid.
Source: Wiktionary
Tax"a*ble, a.
1. Capable of being taxed; liable by law to the assessment of taxes;
as, taxable estate; taxable commodities.
2. (Law)
Definition: That may be legally charged by a court against the plaintiff of
defendant in a suit; as, taxable costs.
– Tax"a*ble*ness, n.
– Tax"a*bly, adv.
Source: Webster’s Unabridged Dictionary 1913 Edition