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deduction


deduction AC /dɪˈdʌkʃən/ noun [UNCOUNTABLE AND COUNTABLE]
[Word Family: adjective: deducible, deductive; verb: deduce; noun: deduction]
1. the process of using the knowledge or information you have in order to understand something or form an opinion, or the opinion that you form:
  ▪ Children will soon make deductions about the meaning of a word.

2. the process of taking away an amount from a total, or the amount that is taken away:
  ▪ After deductions for tax etc, your salary is about £700 a month.

noun
COLLOCATIONS FROM CORPUS
ADJECTIVE
logical
Here is an example of a logical deduction.
And finally the detective must uncover the murderer by logical deduction from facts fairly put before the reader.
An argument can be a perfectly logical deduction even if it involves a premise that is in fact false.
Here the logical principle is deduction.
standard
But today more than 70 % of taxpayers already use the simple one-page standard deduction.
NOUN
interest
The mortgage interest deduction, for example, subsidizes home ownership, as does the deduction for property taxes.
The mortgage interest deduction promotes home ownership.
Forbes would eliminate all loopholes, including the popular mortgage interest deduction aimed at encouraging home ownership.
Still, concern about home-buying is why Alexander charges that eliminating the mortgage interest deduction would cause a real-estate crash.
If the corporation borrows the money, all these interest deductions can be claimed by it.
Gramm and others argue that the mortgage interest deduction is too popular with middle-class families to discard.
tax
Some hotels use accounting machines which can produce the payroll, tax deduction records and payslips simultaneously.
The Senate bill would raise the tax deduction for health insurance bought by the self-employed.
President Bill Clinton vetoed that, and proposed instead some small tax credits and tax deductions for higher education.
The lessor benefits by obtaining tax deductions that would otherwise be unavailable.
The Inland Revenue originally wanted the machinery ring to be responsible for tax deductions for such workers.
Currently individuals can take a tax deduction of 20 to 40 percent for charitable donations.
Now those who can prove conclusively that they are self-employed will be responsible for their own tax deductions and claims.
Hefty tax deductions went to large families.
VERB
allow
Unlike the income tax, however, Social Security taxes allow no deductions for spouses or other dependents.
Our tax system has shifted relentlessly toward taxes that allow no deductions for family dependents.
claim
No, because corporations can not claim a deduction for dividend distributions.
Several of those clients said they knew nothing about IRAs or the claimed deductions.
eliminate
Still, concern about home-buying is why Alexander charges that eliminating the mortgage interest deduction would cause a real-estate crash.
In return for simplicity, it would eliminate popular deductions for charitable contributions, state and local taxes and home-mortgage interest.
Some proposals, including Forbes', would eliminate all tax deductions.
make
A company which refused to make attachment of earnings deductions against one poll tax offender, was fined £200 by magistrates.
The other half is making the deduction worth something.
A weekly tariff income is used to make deductions from income support for capital between these two sums.
Nowadays I am accustomed to making deductions from a single piece of clothing or personal item associated with a crime.
In such circumstances, the courts will usually make a deduction because you are receiving early payment.
It is nevertheless possible to make deductions about stages of language before historical records.
Holmes had made a deduction regarding Watson himself.
Meta-deduction depends on two components: an ability to make deductions, and an ability to construct reasoning strategies.
EXAMPLES FROM OTHER ENTRIES
The game teaches children logic and deduction.
EXAMPLES FROM CORPUS
And if the Clinton administration does succeed in withdrawing the tax deduction?
And now, thanks to a very neat bit of deduction, you know.
But, of these, 82. 5 percent of taxpayers with incomes higher than $ 200, 000 take the deduction.
Credit notes can be exchanged before they mature but this does involve the deduction of a premium.
Does it have an offsetting deduction?
It is subject to tax, superannuation and national insurance deductions - unlike State Sickness Benefit.
Still, concern about home-buying is why Alexander charges that eliminating the mortgage interest deduction would cause a real-estate crash.
The amount of income left over after deduction of this taxation is known as disposable income.

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