Eating onion ice cream is improbable, and levitating ice cream is impossible. But scooping ice cream using sadness is not just impossible: it is inconceivable. While prior work has examined the distinction between improbable and impossible events, there has been little empirical research on inconceivability. Here, we report a behavioral and computational study of inconceivability in three parts. First, we find that humans reliably categorize events as inconceivable, separate from probable, improbable, and impossible. Second, we find that we can decode the modal category of a sentence using language-model-derived estimates of subjective event probabilities. Third, we reproduce a recent finding that improbable events yield slowest response times in a possibility judgment task, and show that inconceivable events are faster to judge than impossible and improbable events. Overall, our results suggest that people distinguish the impossible from the inconceivable, and such distinctions may be based on graded rather than discrete judgments.