Words similar to deductions
Example sentences for: deductions
How can you use “deductions” in a sentence? Here are some example sentences to help you improve your vocabulary:
The $50 billion (over 10 years) health-insurance bill would, among other things, a) accelerate the 100 percent tax deduction for the self-employed, b) expand the availability of tax-free accounts for medical payments, and c) create tax deductions for long-term-care insurance.
The regular 1040 (the "long form") is for those with taxable incomes over $50,000 a year, who claim credits or deductions, realize capital gains, and/or file separately from their spouses.
Also, special tax credits and deductions are aimed at spurring private R&D.
They restrict themselves to deductions, basing them on references, citations, or precedents, which is a different matter altogether.
For example, the "flat tax" that some people propose involves both a reduction of rates and an increase in the income subject to tax because of the elimination of various deductions.