Synonyms for tax deduction
tax de·duc·tion

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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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1. • Write-off

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How to use tax deduction in a sentence?

1. 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.

2. 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.

3. 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.