What is another word for tax deduction?

Synonyms for tax deductiontax de·duc·tion

This thesaurus page is about all possible synonyms, equivalent, same meaning and similar words for the term tax deduction.

Princeton's WordNet

  1. tax write-off, tax deduction, deductionnoun

    a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket

    Synonyms:
    price reduction, entailment, synthesis, tax write-off, subtraction, deduction, deductive reasoning, discount, implication

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How to pronounce tax deduction?

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Words popularity by usage frequency

rankingword
#975discount
#6527synthesis
#11400deduction
#17846implication
#25516subtraction
#89358entailment

How to use tax deduction in a sentence?

  1. Chris Jackson:

    If you have mutual funds in a taxable account, it is important to check the estimated mutual fund distributions that the fund families release ahead of time, by tax-loss harvesting this fund, not only do you avoid the capital gains distribution, you also capture a tax deduction. The combination could be a substantial savings.

  2. Republican McConnell:

    Whether it's a payroll tax deduction, whether it's making sure that unemployment benefits continue without a disincentive to return to work.

  3. Supreme Court justicesWhat Rehnquist:

    I will certainly consider donating to the Smithsonian the robe I wore during the The Senate impeachment trial, if you want it now, please let me know how I can either get a tax deduction or a new robe at someone else's expense.

Images & Illustrations of tax deduction

  1. tax deduction

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"tax deduction." Synonyms.com. STANDS4 LLC, 2021. Web. 25 Oct. 2021. <https://www.synonyms.com/synonym/tax+deduction>.

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