How to Use deduct in a Sentence

deduct

verb

• You can deduct up to $500 for money given to charity.
• Corporations are able to deduct some strange things on their tax returns.
  — Jeff Hoopes, Fortune, 15 May 2021
• The cash-flow tax would allow companies to deduct investments entirely and in the same year they were made.
  — Tom Spencer, National Review, 20 Apr. 2021
• And, as Brown pointed out, the tax code does not allow taxpayers to deduct capital losses on a home.
  — Jeanne Sahadi, CNN, 22 Apr. 2021
• Those costs don’t vanish, however — they’re deducted from your cash disbursal.
  — Kelsey Neubauer, CNBC, 30 Sep. 2024
• That set-up, which has existed for decades, allows creatives to deduct agent and manager commissions and other expenses from their income tax.
  — Gene Maddaus, Variety, 30 Sep. 2024
• Already, many high-income business owners avoid the cap by paying their state and local taxes through their firms and fully deducting the cost as a business expense.
  — Howard Gleckman, Forbes, 24 Sep. 2024
• About the only thing the system doesn't do is automatically deduct damage or modify your skill scores (which happens for various reasons throughout the game).
  — Anthony Karcz, Forbes, 19 Apr. 2021
• Democrats primarily from high-cost cities on the coasts have taken aim at a limit on how much in state and local taxes Americans can deduct on their annual federal returns.
  — Jeff Stein, Tyler Pager, Anchorage Daily News, 11 May 2021
• In other words, homeowners can deduct a portion of the cost of the solar panel system from their state tax bill as well, similar to the federal ITC.
  — Mia Taylor, Better Homes & Gardens, 12 May 2021
• If your account has not earned enough interest to cover an early withdrawal penalty, any interest is deducted first and the remainder of the penalty is taken from your principal.
  — Elizabeth Gravier, CNBC, 1 Oct. 2024
• The bill that passed the California Legislature on Monday would let business owners deduct those expenses from their state taxes, too.
  — From Usa Today Network and Wire Reports, USA TODAY, 29 Apr. 2021
• Navone said the landlord offered to deduct $300 from the next month’s rent.
  — Austen Erblat, sun-sentinel.com, 2 Sep. 2021
• The balance is the amount that the grantor can deduct when the grantor contributes the property to the trust.
  — Matthew Erskine, Forbes, 22 May 2021
• The bill the House passed would allow union members to deduct up to $250 of dues from their tax bills.
  — The Editorial Board, WSJ, 25 Nov. 2021
• Anyone that breaks the rules causes a cash sum to be deducted from the prize fund.
  — Amy MacKelden, Harper's BAZAAR, 15 May 2023
• Buyers of new EVs get to deduct the full $7,500 from their income taxes for the year in which the car is purchased.
  — Jim Gorzelany, Forbes, 25 Jan. 2022
• The bill had allowed for business owners to deduct up to 17.4% of their profits.
  — Justin Elliott, ProPublica, 12 Aug. 2021
• Those 65 and older and the blind can deduct additional amounts.
  — Alicia Adamczyk, Fortune, 15 Feb. 2024
• In that case, Jennet wouldn't be able to deduct the $800 capital loss on her taxes.
  — Shehan Chandrasekera, Forbes, 13 Sep. 2021
• Employers may choose to pay all of it or deduct up to 0.11% of it from employees’ wages.
  — Tribune News Service, The Mercury News, 13 July 2024
• Take photographs of the locks, keep the receipts for the labor and materials, and deduct the cost from your rent.
  — Ronda Kaysen, New York Times, 9 Oct. 2021
• Parties need to be creative in looking for ways to deduct their legal fees.
  — Robert W. Wood, Forbes, 20 Dec. 2022
• By year’s end, Lynn hopes to find a way for potential donors to be able to deduct contributions.
  — Bill McKibben, The New Yorker, 14 Sep. 2022
• Each year, oil investors get to deduct a set percentage of the revenue from the property.
  — Jeff Ernsthausen, ProPublica, 7 Dec. 2021
• Going that route avoids the risk of not being able to deduct the full amount of the donation from taxable income in a single year.
  — Eric James Allen, The Conversation, 9 Dec. 2021
• And the very rich would be allowed to deduct their income taxes at death from their estate taxes.
  — Steve Rosenthal, Forbes, 13 May 2022
• Moritz had hired a nurse to help care for his ailing mother and sought to deduct a portion of the expenses from his taxes.
  — Harrison Smith, Washington Post, 18 July 2023
• In valuing the debtor’s interest, do not deduct the value of secured claims.
  — Leia Larsen, The Salt Lake Tribune, 14 July 2023
• And if Jill placed her land in a partnership, then the partnership (and its partners) will deduct the value of the easement.
  — Guinevere Moore, Forbes, 11 Nov. 2022

Last Updated: 5 Nov 2024