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tax write-off vs exemption

exemption vs tax write-off

tax write-off and exemption both are nouns.

Word NounAdjectiveVerbAdverb
tax write-off Yes No No No
exemption Yes No No No
As nouns, exemption is a hyponym of tax write-off; that is, exemption is a word with a more specific, narrower meaning than tax write-off:
  • 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
  • exemption: a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
Other hyponyms of tax write-off include tax benefit, tax break, business deduction.
tax write-off (noun) exemption (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 an act exempting someone
a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
immunity from an obligation or duty
Difference between tax write-off and exemption

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