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
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
The Texas senator argued that while low corporate taxes is good economic policy, allowing people in high-cost, typically Democratic states to deduct more of their state and local taxes is unfair to rest of the country.
—Alexander Bolton, The Hill, 17 Jan. 2025
If the cap is allowed to expire, filers would be allowed to deduct all of their state and local income, property and sales taxes.
—Jeanne Sahadi, CNN, 15 Jan. 2025
The best is to unleash capital to fund as many green and innovative projects as possible by reducing taxes on capital gains and renewing the ability to immediately deduct 100% of capital investments.
—Veronique De Rugy, The Mercury News, 14 Jan. 2025
See all Example Sentences for deduct 
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Jay Adkisson, Forbes, 18 Jan. 2025
The Texas senator argued that while low corporate taxes is good economic policy, allowing people in high-cost, typically Democratic states to deduct more of their state and local taxes is unfair to rest of the country.
—Alexander Bolton, The Hill, 17 Jan. 2025
If the cap is allowed to expire, filers would be allowed to deduct all of their state and local income, property and sales taxes.
—Jeanne Sahadi, CNN, 15 Jan. 2025
The best is to unleash capital to fund as many green and innovative projects as possible by reducing taxes on capital gains and renewing the ability to immediately deduct 100% of capital investments.
—Veronique De Rugy, The Mercury News, 14 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 22 Jan. 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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