You can deduct up to $500 for money given to charity.
after deducting taxes, what's left is your net pay for the week
Recent Examples on the WebTransportation in company buses is also deducted from some workers’ salaries, along with the cost of lunch from company canteens.—Martha Mendoza, Mahesh Kumar and Piyush Nagpal, Quartz, 23 Apr. 2024 The estimate also deducts two major expenses: at least $28 million in repair costs and at least $19.5 million in salvage costs.—Lea Skene, Fortune, 23 Apr. 2024 It could also be deducted points should the team become insolvent.—Tariq Panja, New York Times, 22 Apr. 2024 By automatically deducting taxes from employees’ earnings each pay period, withholding seemingly alleviates the burden of saving for a lump-sum payment when ...—Adam N. Michel, National Review, 15 Apr. 2024 The agency also looks for outliers, like a filer who writes off travel costs way above what the typical taxpayer would deduct.—Daniel De Visé, USA TODAY, 15 Apr. 2024 Now, the 35-year-old single mother is getting back all the taxes deducted from her paycheck.—Rebecca Plevin, Los Angeles Times, 8 Mar. 2024 One way to start saving: set up an automatic savings plan through your employer or bank, and have a small amount deducted and sent to a dedicated emergency account every time you get paid.—Diane Harris, TIME, 15 Apr. 2024 The government contended that the partnership did not satisfy all the requirements for deducting a noncash charitable contribution under Treas.—Jessica Ledingham, J.d., Ll.m., Forbes, 29 Mar. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'deduct.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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