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tax write-off vs deduction

deduction vs tax write-off

tax write-off and deduction both are nouns.

Word NounAdjectiveVerbAdverb
tax write-off Yes No No No
deduction Yes No No No
As nouns, tax write-off and deduction are synonyms defined as:
  • tax write-off and 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 tax write-off include tax deduction.
tax write-off (noun) deduction (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 the act of subtracting (removing a part from the whole)
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
Difference between tax write-off and deduction

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