deduct

verb

de·duct | \ di-ˈdəkt

, dē-\

deducted; deducting; deducts

Definition of deduct

transitive verb

1 : to take away (an amount) from a total : subtract

2 : deduce, infer

Synonyms & Antonyms Example Sentences Learn More about deduct

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Synonyms & Antonyms for deduct

Synonyms

abate, knock off, subtract, take off

Antonyms

add, tack (on)

Examples of deduct in a Sentence

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 Web

Myth: Borrowers no longer can deduct interest on home equity loans For many people with home-equity loans, the interest deduction was eliminated. — Russ Wiles, azcentral, "5 myths and misconceptions about new income-tax rules," 3 June 2018 The new law allows homeowners with existing mortgages to continue to deduct interest on a total of $1 million of debt for a first and second home. — WSJ, "WSJ Tax Guide 2019: Mortgage-Interest Deduction," 15 Feb. 2019 The investment tax credits, which allow people and companies to deduct 30 percent of the cost to install new solar power, were extended in 2015. — Rye Druzin, San Antonio Express-News, "Solar power installations fall across U.S., Texas in 2017 as tax credits phase out," 15 Mar. 2018 Charities, often funded with money deducted from donors’ income taxes, aren’t permitted to engage in politics and generally aren’t allowed to advance the private interests of their officers and directors. — Zolan Kanno-youngs, WSJ, "N.Y. State Tax Office Subpoenas Michael Cohen Over Trump Foundation," 22 Aug. 2018 Before the ruling, many state and local workers had union contributions automatically deducted from their paycheck. — Author: Jacob Resneck, Anchorage Daily News, "Alaska unions defiant in wake of punishing Supreme Court decision," 28 June 2018 Lawyers for the former employees say AIG must restore the amounts deducted under the terms of the plans. — Hannah George, Bloomberg.com, "Employee in $100 Million Case Says AIG Kept Making Bonus Pledges," 2 May 2018 As for the recent tax reform, the top-line federal rate cut (from 39.6 to 37%) will help players, but The Tax Cuts and Jobs Act limits filers deducting all state tax payments from their federal taxable income. — Jacob Feldman, SI.com, "The Taxing World of NFL Players’ Finances," 17 Apr. 2018 Suspects can be held for three months to six months, with that amount of time potentially deducted from any subsequent term of imprisonment. — Eric Baculinao, NBC News, "China’s President Xi beefs up his anti-corruption crackdown," 27 Feb. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'deduct.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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Last Updated

20 May 2019

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Time Traveler for deduct

The first known use of deduct was in the 15th century

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More Definitions for deduct

deduct

verb

English Language Learners Definition of deduct

: to take away (something, especially an amount of money) from a total

See the full definition for deduct in the English Language Learners Dictionary

deduct

verb

de·duct | \ di-ˈdəkt

deducted; deducting

Kids Definition of deduct

: to take away an amount of something : subtract

deduct

transitive verb

de·duct

Legal Definition of deduct

: to take away (an amount) from a total specifically : to take as a deduction must be capitalized…rather than immediately deducted — D. Q. Posin — compare amortize