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Tax deduction   /tæks dɪdˈəkʃən/   Listen
Tax deduction

noun
1.
A reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket.  Synonyms: deduction, tax write-off.






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Words linked to "Tax deduction" :   tax benefit, write-down, business deduction, tax break, write-off, exemption



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