View example sentences, synonyms and word forms for Deduction.
Deduction meaning
That which is deducted; that which is subtracted or removed. | That which is deducted; that which is subtracted or removed. | A sum that can be removed in tax calculations, usually from the taxable amount; something that is written off.
Synonyms of Deduction
Deduction vertaling naar Nederlands
Example sentences (20)
A business’s W-2 wages impact the QBI deduction once the taxable income threshold is met, so increasing W-2 wages may allow for a more favorable deduction assuming the deduction outweighs the increased payroll tax liability.
Likewise, for itemizing taxpayers near the $24,000 married filing jointly standard deduction, making three years’ worth of donations this year allows for a larger deduction and allows for the increased standard deduction the other two years.
The Royals have been hit with a three-point deduction, on top of a one-point deduction received last month, to take the club into the League One relegation zone.
Standard deduction refers to a flat deduction from the total salary earned by an employee in a year before calculating the applicable income tax rate.
A disallowed contribution is essentially a retirement annuity contribution that did not qualify for a deduction in terms of the annual deduction limits.
Deduction in respect of life insurance premium, deferred annuity, contributions to provident fund (PF), subscription to certain equity shares or debentures, etc. The deduction limit is Rs 1.5 lakh together with section 80CCC and section 80CCD(1).
Thus, the taxpayer receives the deduction in addition to the standard deduction.
Before you claim this deduction, do take a certificate from school, as not the entire payment to school would be allowed as a deduction.
A board game (of sorts) variant has been developed by web developer Kevan Davis and its rules are available on his website. citation The deduction game A deduction game of the same name was created in 1991 by David Tittle in the play-by-mail zine Smodnoc.
If one attempts to describe these proofs using natural deduction itself, one obtains what is called the intercalation calculus (first described by John Byrnes), which can be used to formally define the notion of a normal form for natural deduction.
In a series of seminars in 1961 and 1962 Prawitz gave a comprehensive summary of natural deduction calculi, and transported much of Gentzen's work with sequent calculi into the natural deduction framework.
Income tax credits (states) Land conservation advocates have long tried to enact additional tax incentives for landowners to donate easements, above the federal charitable deduction (and state tax deduction in states that conform to federal tax process).
Natural deduction systems resemble Hilbert-style systems in that a deduction is a finite list of formulas.
Tax Credit/Deduction For Educational Expenses Certain states allow parents to claim a tax credit or deduction as a means to provide relief for certain educational expenses.
These logical frameworks are themselves always specified as natural deduction systems, which is a testament to the versatility of the natural deduction approach.
This has an interesting application for natural deduction; usually it is extremely tedious to prove certain properties directly in natural deduction because of an unbounded number of cases.
According to Jain, the deduction for the health insurance premium paid may be increased to Rs 100,000 to induce people to take adequate cover.
A competitive round that could be a 9-9 with the point deduction.
An immediate benefit is that contributions create a tax deduction, like an RRSP does.
A points deduction and a hefty fine are said to be among the many options on the table, while it has been suggested that City could be relegated to the EFL or even the National League in a possible worst-case scenario.