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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.

From April, sole traders who earn more than £50,000 will be required to use MTD to record their business expenses and tax deductions.

From BBC

By subletting to him at a lower-than-market rent, you may be limiting some tax deductions.

From MarketWatch

Because of the change, foundations and tax advisers last month began contacting their donors and clients to ensure their mailed gifts qualify for a 2025 income-tax deduction.

From The Wall Street Journal

It’s levied annually by individual cantons on all residents, at rates reaching up to about 1% of net worth, after deductions and exclusions for certain categories of assets.

From Los Angeles Times

Remember: Automate as much of your saving and investing as possible to make it easier to succeed, including all the deductions you can make from your paycheck.

From MarketWatch