pretax

adjective

pre·tax ˌprē-ˈtaks

variants or pre-tax

: existing before provision for taxes : before taxes are deducted

pretax earnings/profits

The most common self-directed plans, 401(k) plans, leave it up to employees to voluntarily contribute part of their pretax salary.—

Ellen E. Schultz

Examples of pretax in a Sentence

Recent Examples on the Web

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According to a 2021 report by the Institute on Taxation and Economic Policy, at least 55 of the largest corporations in America paid no federal corporate income taxes despite enjoying substantial pretax profits in the United States. —

David Trone, Fortune, 1 Nov. 2024 Roth conversions move pretax or nondeductible IRA funds to a Roth IRA, which can start tax-free growth. —

Kate Dore, Cfp®, CNBC, 29 Oct. 2024 Back in July, HSBC posted estimates-beating pretax profit of $21.56 billion in the first half of the year, announcing a share buyback program of up to $3 billion. —

Ruxandra Iordache, CNBC, 22 Oct. 2024 Exeter went into the black in 2016 and stayed there, claiming $94 million in pretax profit in 2018, according to rating agency reports. —

Byard Duncan, ProPublica, 17 Oct. 2024 See all Example Sentences for pretax