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Showing results for deduction.
Definitions

deduction

[dih-duhk-shuhn] / dɪˈdʌk ʃən /




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.

His real take-home pay, after taxes and other deductions, has fallen.

From The Wall Street Journal

Married couples also benefit from a higher standard deduction and access to certain tax credits that may be reduced or unavailable to single filers at the same income level.

From MarketWatch

Artificial intelligence can streamline tax preparation by extracting data from forms and identifying overlooked deductions or errors.

From Barron's

And if you are running a business, various changes brought about under the act will increase your available tax deductions for 2025, possibly drastically.

From MarketWatch

Tax-filing season is officially open this year — and taxpayers age 65 and older may get an additional $6,000 deduction when they file a return.

From MarketWatch