1 deduct | Definition of deduct

deduct

verb
de·​duct | \ di-ˈdÉ™kt How to pronounce deduct (audio) , dÄ“-\
deducted; deducting; deducts

Definition of deduct

transitive verb

1 : to take away (an amount) from a total : subtract
2 : deduce, infer

Keep scrolling for more

Synonyms & Antonyms for deduct

Synonyms

abate, knock off, subtract, take off

Antonyms

add, tack (on)

Visit the Thesaurus for More 

Examples of deduct in a Sentence

You can deduct up to $500 for money given to charity. after deducting taxes, what's left is your net pay for the week

Recent Examples on the Web

Another four points were deducted because of residue on the can opener. Howard Koplowitz | [email protected], al, "The 10 worst Jefferson County restaurant health scores for July 2019," 5 Aug. 2019 At which point, 4 percent is deducted from their paycheck. Jennifer Wright, Harper's BAZAAR, ""Progressive Ideas" in Democratic Debates Aren't All That Progressive," 1 Aug. 2019 Since the passage of the 2017 Tax Cuts and Jobs Act, there has been a $10,000 cap on state and local tax deductions, as well as a reduction in the amount of mortgage interest a homeowner can deduct. San Diego Union-Tribune, "San Diego home price gains lag behind nation," 30 July 2019 Crucially, in a provision called full expensing, the law let companies deduct many capital costs immediately instead of depreciating them over time. Theo Francis, WSJ, "One Year Later, Benefits From Corporate Tax Cut Seem Muted," 22 Dec. 2018 Student loans are interest free and deducted from earnings only once the former student is making at least $39,000 a year. Jennifer Wright, Harper's BAZAAR, ""Progressive Ideas" in Democratic Debates Aren't All That Progressive," 1 Aug. 2019 Premiums for medical and dental are getting deducted from your paycheck every two weeks, and those contributions keep rising. Shawn Tully, Fortune, "Private Insurance Can’t Survive Under Kamala Harris’ Healthcare Plan. Here’s Why," 1 Aug. 2019 To review, up until a couple of years ago, individuals could deduct every dollar of state or local taxes paid from their federal return. Jared Dillian, Twin Cities, "Jared Dillian: High-tax states are practicing financial destruction," 11 July 2019 Currently, Louisiana residents can take their deductions that exceed the standard deduction at the federal level and also deduct them fully from state tax bills. Julia O'donoghue, NOLA.com, "Louisiana House Speaker outlines taxes GOP might support for state budget deal," 8 Feb. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'deduct.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of deduct

15th century, in the meaning defined at sense 1

History and Etymology for deduct

Latin deductus, past participle of deducere

Keep scrolling for more

Keep scrolling for more

More Definitions for deduct

deduct

verb

English Language Learners Definition of deduct

: to take away (something, especially an amount of money) from a total

deduct

verb
de·​duct | \ di-ˈdÉ™kt How to pronounce deduct (audio) \
deducted; deducting

Kids Definition of deduct

: to take away an amount of something : subtract
de·​duct

Legal Definition of deduct

: to take away (an amount) from a total specifically : to take as a deduction must be capitalized…rather than immediately deducted — D. Q. Posin — compare amortize