Defenition of the word tax deduction
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Defenition of the word tax deduction
- a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
- 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 for the word tax deduction
Hyponyms for the word tax deduction
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- business deduction
- exemption
- tax benefit
- tax break
Hypernyms for the word tax deduction
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- decrease
- diminution
- reduction
- step-down
- write-down
- write-off
See other words