Example Sentences

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Recent Examples of deduct The money can be deducted from your gross income and grows tax-free. Brian Sloan, CNBC, 25 Feb. 2025 Under the bill, some long-term care insurance policyholders could deduct the total amount of premiums paid over the course of a taxable year on their tax return, reducing the amount of income that’s subject to state taxation. Jenna Carlesso, Hartford Courant, 21 Feb. 2025 The comptroller cannot deduct more than $2 million in a fiscal year. Alexandra Kukulka, Chicago Tribune, 20 Feb. 2025 But towing companies can get around that rule by selling cars for small amounts so there aren’t any profits left once towing and storage fees are deducted. Dave Altimari, ProPublica, 7 Mar. 2025 See All Example Sentences for deduct

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“Deduct.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/deduct. Accessed 28 Mar. 2025.

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