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deduction
noun as in conclusion, understanding
noun as in something subtracted
Example Sentences
The new temporary deductions for tips, overtime, car loan interest and for seniors aren’t indexed for inflation.
The IRS announced inflation adjustments for 2026 tax brackets, increasing the standard deduction to $16,100 for individuals and $32,200 for married couples.
The law prevented income-tax rates from increasing as had been scheduled under the tax-code overhaul he signed into law in 2017, and it introduced a range of new temporary tax deductions.
Despite its partial closure amid the government shutdown, the Internal Revenue Service on Thursday released details of its 2026 tax brackets and the dollar value of the standard deduction.
There are a wide range of options available to sanction Chelsea, including a fine, transfer embargo and points deduction.
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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
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