deduction
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.
Its expensing provisions could lift business investment, and exemptions for tips and overtime and larger state-and-local tax deductions will increase take-home pay for some.
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.
“Let’s say a client got an extra $15,000 deduction because of the expansion — they can convert $15,000 more with about the same tax bill,” Beach said.
From MarketWatch
The One Big Beautiful Bill Act, signed into law in July, included several provisions that could lead to bigger refunds, including deductions of overtime and tip payments from taxable income for qualified employees.
From Barron's
A collector can effectively gift a Kahlo painting — and receive a tax deduction in the process — but have the digital twin as a separate form of ownership.
From MarketWatch
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
