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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.

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

New York is one of three dozen or so states that have created a loophole that lets owners and partners in pass-through businesses fully deduct their state and local taxes on their federal tax returns.

From The Wall Street Journal • Apr. 5, 2026

Donor-advised funds make this easier, letting you deduct now and distribute later.

From MarketWatch • Mar. 16, 2026

Businesses with under $31 million in average annual gross receipts can deduct unamortized 2022-2024 R&D expenses on 2025 or 2026 taxes.

From Barron's • Mar. 14, 2026

“I'm going to have to deduct the money for a glass beetle,” the burly redbeard announced as he let himself fall into his vast armchair.

From "The Thief Lord" by Cornelia Funke