Synonyms of deducting

deducting

verb

present participle of deduct

as in subtracting

to take away (an amount or number) from a total

after deducting taxes, what's left is your net pay for the week

Synonyms & Similar Words

• subtracting
• reducing
• discounting
• decreasing
• taking off
• abating
• diminishing
• lowering
• downsizing
• lessening
• dwindling
• slashing
• curtailing
• knocking off
• paring
• cutting
• clipping
• shortening
• cutting down
• pruning
• abridging
• trimming
• cropping
• knocking down
• whittling
• truncating
• cutting back
• docking
• abbreviating
• retrenching

Antonyms & Near Antonyms

• adding
• adjoining
• supplementing
• tacking (on)
• annexing
• appending
• complementing
• increasing
• enhancing
• multiplying
• raising
• expanding
• magnifying
• augmenting
• intensifying
• enlarging
• heightening
• escalating
• boosting
• compounding
• amplifying
• beefing (up)
• aggrandizing

Examples Sentences

Recent Examples of deducting

Net loss for the quarter was $1,552,709, after deducting $46,240 attributed to non-controlling interest. —Quartz Bot, Quartz, 19 Nov. 2024

Net loss for the nine months was $5,538,238, after deducting $167,039 attributed to non-controlling interest. —Quartz Bot, Quartz, 19 Nov. 2024

The Trust's cash receipts are determined after deducting post-production costs and applicable taxes, with cash available for distribution reduced by administrative expenses. —Quartz Bot, Quartz, 14 Nov. 2024

Additionally, these businesses are subject to a federal tax code that prohibits them from deducting operating expenses from taxable income, driving up costs. —Tiney Ricciardi, The Denver Post, 30 Sep. 2024

Not Accounting for All Your Tax Benefits One of the most important tax savings tools for the self-employed is deducting business expenses. —Ryan Derousseau, Forbes, 30 Sep. 2024