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tax deduction vs tax write-off

tax write-off vs tax deduction

tax deduction and tax write-off both are nouns.

Word NounAdjectiveVerbAdverb
tax deduction Yes No No No
tax write-off Yes No No No
As nouns, tax deduction and tax write-off are synonyms defined as:
  • tax deduction and tax write-off: 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 tax deduction include deduction.
tax deduction (noun) tax write-off (noun)
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Difference between tax deduction and tax write-off

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