deducted; deducting; deducts
Examples of deduct in a Sentence
You can deduct up to $500 for money given to charity.
after deducting taxes, what's left is your net pay for the week
Recent Examples on the Web
Final calculations for how much of the total Purdue deal would be deducted to pay lawyers, consultants and administration fees are still under discussion.
—
Democrat-Gazette Staff From Wire Reports, arkansasonline.com, 24 Jan. 2025
Raising or eliminating the SALT deduction cap: Mr. Trump's TCJA introduced a controversial $10,000 cap on deducting state and local taxes, or SALT.
—Aimee Picchi, CBS News, 24 Jan. 2025
The House Republican menu includes several other tax increases, including denying corporations the ability to deduct state and local taxes.
—Catie Edmondson, New York Times, 23 Jan. 2025
Thus, in a financing arrangement involving an abusive micro-captive transaction, amounts paid as premiums have not only avoided ordinary taxation but have continued to avoid tax while back in the hands of the related parties who caused the premiums to be paid and deducted.
—Jay Adkisson, Forbes, 18 Jan. 2025
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Democrat-Gazette Staff From Wire Reports, arkansasonline.com, 24 Jan. 2025
Raising or eliminating the SALT deduction cap: Mr. Trump's TCJA introduced a controversial $10,000 cap on deducting state and local taxes, or SALT.
—Aimee Picchi, CBS News, 24 Jan. 2025
The House Republican menu includes several other tax increases, including denying corporations the ability to deduct state and local taxes.
—Catie Edmondson, New York Times, 23 Jan. 2025
Thus, in a financing arrangement involving an abusive micro-captive transaction, amounts paid as premiums have not only avoided ordinary taxation but have continued to avoid tax while back in the hands of the related parties who caused the premiums to be paid and deducted.
—Jay Adkisson, Forbes, 18 Jan. 2025
See all Example Sentences for deduct
Dictionary Entries Near deduct
Cite this Entry
“Deduct.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deduct. Accessed 4 Feb. 2025.
Copy CitationKids Definition
Legal Definition
deduct
transitive verb
de·duct
: to take away (an amount) from a total
specifically
: to take as a deduction
must be capitalized…rather than immediately deducted —D. Q. Posin
compare amortize
D. Q. Posin Love words? Need even more definitions?
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