Definition of "includible" [in•clud•i•ble]

• Suitable or available for inclusion. (adjective)

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• "Class action attorney fee award not includible in member's income or subject to withholding."
• "A Katrina distribution is not subject to the 10% additional tax applicable to early distributions from a retirement plan (25% in the case of a Simple IRA), is generally includible in income over a 3-year period, and -- to the extent the distribution is eligible for tax-free rollover treatment and is contributed to an eligible retirement plan (recontributed) within a 3-year period -- will not be includible in income at all."
• "Memo. 2003-329, in which the camera operator who was kicked in the groin by Dennis Rodman during an NBA game challenged the IRS assertion that his damages were includible in gross income."