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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.

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

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

Leicester City have appealed against a decision to deduct them six points for breaching English Football League financial rules.

From BBC • Feb. 19, 2026

The tax code previously let bettors deduct 100% of their losses up to their winnings.

From MarketWatch • Feb. 6, 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