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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.

As Barron’s reported Tuesday, the rescheduling should allow producers to deduct some business expenses from taxes, but will otherwise have limited commercial benefits.

From Barron's

Or will the outstanding balance be deducted from your inheritance?

From MarketWatch

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

For instance, there are earnings limitations for people who are receiving benefits but still working before full retirement age, and the agency will deduct money from benefits temporarily if you exceed those limitations.

From MarketWatch

But one thing to be mindful of is that you can only deduct qualified medical expenses that exceed 7.5% of adjusted gross income, and Roth conversions increase that.

From MarketWatch