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Definitions

deduct

[dih-duhkt] / dɪˈdʌkt /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

This allows the trust to deduct the distributed amount on Form 1041, while the beneficiaries report it on their personal income-tax Form 1040.

From MarketWatch • May 23, 2026

This means, for example, they can deduct the cost of investment in developing projects against tax and carry forward those credits against future profits.

From BBC • May 6, 2026

The new law permanently provides full expensing, allowing businesses to immediately deduct the full cost of new investments, just as they do for labor or utility costs.

From MarketWatch • Apr. 7, 2026

That means a taxpayer in the highest bracket who gives $10,000 to charity beyond the 0.5% floor could deduct only $3,500, rather than $3,700.

From The Wall Street Journal • Apr. 6, 2026

“Mrs. Kastor will deduct five points off my grade if I don’t hand my paper in by the end of first period!”

From "Auggie & Me" by R. J. Palacio




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