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tax deduction

Definitions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

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

Etymologies

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Examples

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hypernyms (2)

Words that are more generic or abstract

  1. write-down
  2. write-off

hyponyms (4)

Words more specific or concrete

  1. business deduction
  2. exemption
  3. tax benefit
  4. tax break

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