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Definitions

deduct

[dih-duhkt] / dɪˈdʌkt /


Example Sentences

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This means, for example, they can deduct the cost of investment in developing projects against tax and carry forward those credits against future profits.

From BBC • May 6, 2026

You can’t deduct the contributions when you make them: You contribute with after-tax dollars, like with a Roth.

From MarketWatch • Apr. 9, 2026

With a traditional IRA, you can deduct the contribution from this year’s taxable income — meaning that you are contributing pretax dollars.

From MarketWatch • Apr. 9, 2026

That means a taxpayer in the highest bracket who gives $10,000 to charity beyond the 0.5% floor could deduct only $3,500, rather than $3,700.

From The Wall Street Journal • Apr. 6, 2026

Ned wouldn’t even have to worry about handling the six dollars—Holmes would deduct it from the new eighteen-dollar salary each week, automatically.

From "The Devil in the White City" by Erik Larson




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