deduction vs tax deduction
tax deduction vs deductiondeduction and tax deduction both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| deduction | Yes | No | No | No |
| tax deduction | Yes | No | No | No |
As nouns,
deduction and tax deduction
are synonyms defined as:
- deduction and tax deduction: a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Other synonyms of deduction include
tax write-off.
| deduction (noun) | tax deduction (noun) |
|---|---|
| the act of subtracting (removing a part from the whole) | a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket |
| the act of reducing the selling price of merchandise | |
| reasoning from the general to the particular (or from cause to effect) | |
| something that is inferred (deduced or entailed or implied) | |
| an amount or percentage deducted | |
| a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket |
Words related to "deduction"
- abstract thought
- adjustment
- allowance
- bite
- business deduction
- decrease
- deduce
- deduct
- deductive reasoning
- diminution
- discount
- entailment
- exemption
- illation
- implication
- inference
- logical thinking
- price reduction
- reasoning
- reduction
- step-down
- subtraction
- syllogism
- synthesis
- tax benefit
- tax break
- tax deduction
- tax write-off
- trade discount
- withholding
- write-down
- write-off
Words related to "tax deduction"
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