deduct

verb
de·​duct | \ di-ˈdəkt How to pronounce deduct (audio) , dē- \
deducted; deducting; deducts

Definition of deduct

transitive verb

1 : to take away (an amount) from a total : subtract
2 : deduce, infer

Synonyms & Antonyms for deduct

Synonyms

Antonyms

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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 As such, Massachusetts lawmakers should also include a provision that would allow betting companies to deduct promotional or free bets from taxable revenues, just as lawmakers in other states with high tax rates (such as Pennsylvania) have done. Daniel Wallach, Forbes, 9 June 2022 Fortunately, qualifying educators can still deduct a portion of their unreimbursed out-of-pocket classroom costs under the educator expense deduction. Tom Cooney And Crystal Faulkner, The Enquirer, 19 July 2022 When an exempt employee is absent for personal reasons and doesn’t have paid leave to cover it (e.g., vacation, personal time, paid time off), your employer can deduct a full day’s absence from their pay. Johnny C. Taylor Jr., USA TODAY, 19 July 2022 Here, John can deduct $10,000 as a nonbusiness bad debt. Shehan Chandrasekera, Forbes, 1 July 2022 The formula for figuring out a company’s shareholder yield is simple: take the amount spent on share repurchases in the preceding 12 months, deduct any cash brought in through share issuances, then add in the total spent on dividends. Brett Owens, Forbes, 6 July 2022 Debit cards deduct the cash value of a purchase from a bank account; WIC cards actually keep track of the number of items a person purchases. Brenda Goodman, CNN, 30 June 2022 California can deduct union dues from Medi-Cal payments to a caretaker who provides in-home care to an elderly or disabled person, a federal appeals court ruled Wednesday. Bob Egelko, San Francisco Chronicle, 8 June 2022 Exchanges will have to deduct tax from the crypto buyer’s side in a transaction, according to the new rules. Mimansa Verma, Quartz, 24 June 2022 See More

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.

First Known Use of deduct

15th century, in the meaning defined at sense 1

History and Etymology for deduct

Latin deductus, past participle of deducere

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Time Traveler for deduct

Time Traveler

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

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Dictionary Entries Near deduct

deducibility

deduct

deductible

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Statistics for deduct

Last Updated

4 Aug 2022

Cite this Entry

“Deduct.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deduct. Accessed 8 Aug. 2022.

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More Definitions for deduct

deduct

verb
de·​duct | \ di-ˈdəkt How to pronounce deduct (audio) \
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

More from Merriam-Webster on deduct

Nglish: Translation of deduct for Spanish Speakers

Britannica English: Translation of deduct for Arabic Speakers

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