deduct

verb

de·​duct di-ˈdəkt 

dē-

deducted; deducting; deducts

transitive verb

1

: to take away (an amount) from a total : subtract

2

: deduce, infer

Synonyms

• abate
• knock off
• subtract
• take off

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

Without an extension of the $10,000 SALT cap, which would be welcomed by Democrats and blue-state Republicans alike, taxpayers would be allowed to deduct all eligible state and local income, revenue from sales, property taxes, and foreign income taxes. —Tobias Burns, The Hill, 4 Dec. 2024

Employees can deduct their contributions from their paycheck, make a credit card donation, or both. —Danielle Chemtob, Forbes, 2 Dec. 2024

The prepayment will be deducted from your bill at the end of your meal. —Jenny Porter Tilley, The Courier-Journal, 26 Nov. 2024

Some experts shared their thoughts about Trump’s major proposals, including eliminating taxes on tips, overtime and Social Security, capping interest rates on credit card debt, deducting auto loan interest, lifting the cap on state and local taxes (SALT), and increasing the child tax credit. —Daniel De Visé, USA TODAY, 19 Nov. 2024

Word History

Etymology

Latin deductus, past participle of deducere

First Known Use

15th century, in the meaning defined at sense 1

Kids Definition

deduct

verb

de·​duct di-ˈdəkt 

: to take away (an amount) from a total : subtract

deductible

-ˈdək-tə-bəl

adjective

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