How to Use deduct in a Sentence

deduct

verb

• You can deduct up to $500 for money given to charity.
• Tax and gambling experts warn: Don't bet on being able to deduct your gambling losses.
  — Susan Tompor, Detroit Free Press, 24 Mar. 2021
• Potts says Bass Champs does not deduct the weight of the plastic weigh-in bag from the actual weight of the fish.
  — Dallas News, 10 Apr. 2021
• It could be enacted with an option to deduct actual business expenses instead.
  — Marie Sapirie, Forbes, 7 Apr. 2021
• In addition, Congress imposed new limits on the amount of mortgage debt that new purchasers can deduct interest on.
  — Richard Rubin, WSJ, 8 Apr. 2021
• Business owners cannot deduct those expenses from their state taxes, either, according to Benda.
  — Kim Jarrett, Washington Examiner, 5 Apr. 2021
• That tax break lets homeowners deduct annual mortgage interest payments from their taxable income, thereby reducing their tax bill.
  — Greg Iacurci, CNBC, 14 Oct. 2024
• One is the intangible-drilling-cost deduction, which allows oil-and-gas producers to deduct most of the costs associated with finding and preparing wells.
  — Jinjoo Lee, WSJ, 14 Apr. 2021
• The union then bargains with the same politicians the union supports in elections to deduct member dues automatically from home-worker Medicaid payments.
  — The Editorial Board, WSJ, 4 Apr. 2021
• The Internal Revenue Service has agreed not to deduct federal tax debts from the most recent economic stimulus payments.
  — Chris Morris, Fortune, 16 Mar. 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
• The deal represents a big savings since the value of the free day can be deducted from the cost of any five day reservation.
  — Alison Fox, Travel + Leisure, 8 Mar. 2023
• 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

Last Updated: 17 Nov 2024