deduction

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 popular provision, also known as the 199A deduction, allows owners of pass-through entities such as partnerships and sole proprietorships that report results on their owners’ returns to deduct up to 20% of business income.

From The Wall Street Journal

“Let’s say a client got an extra $15,000 deduction because of the expansion — they can convert $15,000 more with about the same tax bill,” Beach said.

From MarketWatch

The One Big Beautiful Bill Act, signed into law in July, included several provisions that could lead to bigger refunds, including deductions of overtime and tip payments from taxable income for qualified employees.

From Barron's

Sheffield Wednesday have been given a further six-point deduction by the English Football League for regulation breaches leaving them 27 points from safety in the Championship.

From BBC

"With the budget still not finalised and the basis deduction still unclear, many choose to secure a new car under the current conditions," he added.

From Barron's