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 WebBorrowers are charged an origination fee of 0.99% to 8.99% which is deducted from the loan proceeds.—Ryley Amond, CNBC, 27 Sep. 2024 As part of the settlement, any aid residents received from the railroad will be deducted from their final payments.—Josh Funk, Fortune, 26 Sep. 2024 Factors like total taxes owed, eligibility to deduct medical expenses, take itemized deductions, and inflated Medicare premiums should also be considered.—Patti Brennan, Forbes, 23 Sep. 2024 Before Trump and Republicans created the $10,000 cap, individuals were able to deduct an unlimited amount of state income taxes and local property taxes from their federal returns.—The Editors, National Review, 19 Sep. 2024 See all Example Sentences for deduct
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'deduct.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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