pretax
/priˈtæks/
adjective
- Existing or calculated before taxes are deducted.
- Her pretax income is $60,000 per year.
- The company reported a pretax profit of $2 million.
- He contributes to a pretax retirement account to save on taxes.
Synonyms
adverb
- Before taxes are deducted.
- The amount shown is pretax, so the final cost will be higher.
- She calculated her earnings pretax to compare with last year.
- The bonus is paid pretax, so taxes will be taken out later.