deductions

[US]/dɪˈdʌkʃənz/
[UK]/dɪˈdʌkʃənz/
Frequency: Very High

Translation

n.the amounts that are subtracted from a total; the process of reaching a conclusion based on reasoning; conclusions reached after consideration

Phrases & Collocations

tax deductions

itemized deductions

standard deductions

deductions allowed

deductions claimed

deductions explained

deductions overview

deductions report

deductions summary

deductions schedule

Example Sentences

the accountant explained the various deductions available for tax purposes.

after reviewing the expenses, we found several deductions we could claim.

employees can benefit from deductions related to their work expenses.

understanding tax deductions can significantly reduce your taxable income.

many people overlook potential deductions that could save them money.

she kept all her receipts to maximize her deductions at tax time.

there are specific rules regarding the eligibility of certain deductions.

tax deductions can vary significantly depending on your location.

consulting a tax professional can help you identify valuable deductions.

many students are eligible for educational deductions when filing taxes.

Popular Words

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