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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.

What’s more, in Part D, which covers drugs, beneficiaries face another premium, which varies by plan, and an income-related premium, which is deducted directly from their Social Security benefit.

From MarketWatch

This deduction is for each taxpayer who is 65 or older, so a married couple in their 70s filing jointly could deduct $12,000.

From The Wall Street Journal

Social Security then deducts Irmaa from monthly benefit payments for recipients.

From The Wall Street Journal

A new deduction allows consumers to deduct up to $10,000 in car loan interest for vehicles assembled in the U.S. and purchased in 2025.

From Barron's

So the increase in the amount of interest expense that businesses can deduct from their taxable income “means more will flow through to earnings,” Bartolini said.

From MarketWatch