deduct
verb
de·duct
| \ di-ˈdəkt
, dē-\
, dē-\
deducted;
deducting;
deducts
Definition of deduct
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Synonyms & Antonyms for deduct
Synonyms
abate, knock off, subtract, take off
Antonyms
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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 | Hkoplowitz@al.com, 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. 2018These 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.
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More Definitions for deduct
deduct
verb
English Language Learners Definition of deduct
: to take away (something, especially an amount of money) from a total
See the full definition for deduct in the English Language Learners Dictionary
deduct
verb
de·duct
| \ di-ˈdəkt
\
\
deducted;
deducting
Kids Definition of deduct
: to take away an amount of something : subtract
deduct
transitive verb
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