1
as in reductions
something that is or may be subtracted
contestants get a deduction from their scores for every incorrect guess
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Antonyms & Near Antonyms
2
as in subtractions
the act or an instance of taking away from a total
the deduction of the amount awarded to the plaintiff in order to pay the legal fees
Synonyms & Similar Words
Antonyms & Near Antonyms
3
as in inferences
an opinion arrived at through a process of reasoning
his impressive deduction of the correct answer from only a few hints
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Recent Examples of deductions
That includes higher standard deductions, a lower top marginal tax rate, bigger child tax credits, lower estate taxes and certain deductions tailored for small businesses.
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Don Lee, Los Angeles Times, 3 Oct. 2024
Taxpayer eligibility to participate in the pilot was limited to taxpayers with certain types of income, credits, and deductions—taxpayers with relatively simple returns.
—Kelly Phillips Erb, Forbes, 3 Oct. 2024
In addition to expanding the number of participating states, Direct File will now cover additional types of income, credits, and deductions.
—Kelly Phillips Erb, Forbes, 3 Oct. 2024
Tax policies, whether rates, deductions for initial investment costs, or credits for investment and production, can change the cost of capital.
—Ryan Hogg, Fortune, 2 Oct. 2024
Maximize your deductions and credits.
—Karla Dennis, Forbes, 1 Oct. 2024
Thus the 645 election enables a QRT to claim income tax charitable deductions for amounts set aside for charitable purposes which can lower taxable income and fulfill philanthropic goals.
—Ashley Case, Forbes, 30 Sep. 2024
During negotiations with the House over a conference bill, Dole agreed to drop an unpopular limit on business meal deductions in exchange for a restoration of the tip provision.
—Joseph Thorndike, Forbes, 30 Sep. 2024
Basic Recordkeeping Advice During an IRS or state audit, the responsibility falls on the taxpayer to substantiate their tax positions, particularly deductions.
—Virginia La Torre Jeker, J.d., Forbes, 30 Sep. 2024
Don Lee, Los Angeles Times, 3 Oct. 2024
Taxpayer eligibility to participate in the pilot was limited to taxpayers with certain types of income, credits, and deductions—taxpayers with relatively simple returns.
—Kelly Phillips Erb, Forbes, 3 Oct. 2024
In addition to expanding the number of participating states, Direct File will now cover additional types of income, credits, and deductions.
—Kelly Phillips Erb, Forbes, 3 Oct. 2024
Tax policies, whether rates, deductions for initial investment costs, or credits for investment and production, can change the cost of capital.
—Ryan Hogg, Fortune, 2 Oct. 2024
Maximize your deductions and credits.
—Karla Dennis, Forbes, 1 Oct. 2024
Thus the 645 election enables a QRT to claim income tax charitable deductions for amounts set aside for charitable purposes which can lower taxable income and fulfill philanthropic goals.
—Ashley Case, Forbes, 30 Sep. 2024
During negotiations with the House over a conference bill, Dole agreed to drop an unpopular limit on business meal deductions in exchange for a restoration of the tip provision.
—Joseph Thorndike, Forbes, 30 Sep. 2024
Basic Recordkeeping Advice During an IRS or state audit, the responsibility falls on the taxpayer to substantiate their tax positions, particularly deductions.
—Virginia La Torre Jeker, J.d., Forbes, 30 Sep. 2024
Recent Examples of Synonyms for deductions
Noun
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Professional fees decreased to $13,900 from $41,032, primarily due to reductions in audit and legal expenses.Quartz Bot, Quartz, 14 Nov. 2024
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This decrease is attributed to reductions in research and development expenses and general and administrative expenses.Quartz Bot, Quartz, 14 Nov. 2024
Noun
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Forty private universities have been accused of conspiring to overcharge students for tuition as a result of counting the assets of noncustodial parents when making their financial aid determinations.Michael T. Nietzel, Forbes, 10 Oct. 2024
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The investigation found that 56 companies appeared to rely on undisclosed GRAS safety determinations for 275 chemicals.Sandee LaMotte, CNN, 3 Oct. 2024
Noun
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Their conclusions are based on more than four years of observations.Margherita Bassi, Smithsonian Magazine, 3 Oct. 2024
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People who on their own wantonly take an IQ test often jump to false conclusions based on taking one test at one point in time.Lance Eliot, Forbes, 2 Oct. 2024
Noun
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There are likely consequences for theft already in place, such as detention, suspension, or even expulsion for repeat offenders.Melissa Willets, Parents, 4 Oct. 2024
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By now, the consequences are all too familiar.Dylan Hernández, Los Angeles Times, 4 Oct. 2024
Noun
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This frees up mental energy for more important decisions.Jodie Cook, Forbes, 4 Oct. 2024
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On September 26, the European Commission released a series of infringement decisions relating to five directives, including the CSRD.Jon McGowan, Forbes, 4 Oct. 2024
Thesaurus Entries Near deductions
Cite this Entry
“Deductions.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/deductions. Accessed 23 Nov. 2024.
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