to deduct
- verb
- /dɪˈdʌkt/
- Long-standing federal tax policy allowed businesses to fully deduct the costs of health insurance.
- deduct expenses
- deduct taxes
- deduct the cost
You're going to be given the option to deduct the mileage.
- You're going to be given the option to deduct the mileage.
- Those definitely lose value over time and the IRS lets you deduct that loss in value over time.
- They can deduct their limousines, their planes, everything.
- And as we know with the current environment, prices are going up, so the more we can deduct, the better.
- And anything that happens, Lana decides whose money, like how much money gets deducted.
- So the more income that the tax return shows, the less medical expenses that you can deduct.
- Well, you actually have a cost that's yours for work, but if you work as an employee, you can't deduct those costs.
- If you're employed, then this is the part where the employer's paying half and you're having half deducted from your paycheck.
- The first one, it's not to use clean figures for your expenses when you're trying to deduct them.
- You can also deduct half of yourself employment taxes.
- You don't have to understand it all form is will help you compare the ISO rate and the non ISO rate with tax deducted.
Examples
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The company charged a small monthly rent, automatically deducted from the miners' pay.
Fiction book (1999) -
Did you deduct 16 pounds for your shoes?
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So we get to deduct that interest, right?
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And as we know with the current environment, prices are going up, so the more we can deduct, the better.
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I suppose I should deduct some money for the delay and change of drop off location.
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Okay, we'll deduct it from my salary.
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Beginning in 1994, certain real estate operators can deduct real estate losses against active and portfolio income.
Academic text (1993) -
One of the big drivers or tax expenditures in the system right now is the ability to deduct your mortgage interest.
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Likewise, taxpayers can still deduct lobbying expenses if they are to influence local officials or local legislation.
Academic text (1993) -
You can deduct your business expenses from your taxable income.
Synonyms
To remove an amount from a total
To take one number away from another
To make a number or amount smaller, often by one
To take an amount away from a total
Antonyms
Phrasal Verbs
How Much
- Formal
- Jargon
Surface Forms
Morphology
Etymology
Deduct comes from the parts de- ('away' or 'down') and duc ('lead'), the same root you see in reduce and produce. So to deduct money is to 'lead' some amount 'away' from the total — in other words, to take it away.