Phrases with «allowable expenses»

The phrase "allowable expenses" refers to the costs or fees that someone is permitted to claim or deduct as valid or acceptable expenses for a certain purpose, such as for tax deductions or reimbursement. It means that those expenses are considered reasonable and within the approved guidelines. Full definition

Sentences with «allowable expenses»

  • You'll need to provide a mileage log, gas receipts, and documentation of any other allowable expense receipt related to your car. (thebalance.com)
  • They may then deduct allowable expenses to arrive at the taxable income. (investopedia.com)
  • The means test uses your income, certain allowable expenses, and the average income for your family size in your state. (bankruptcyhome.com)
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