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tax write-off vs tax deduction

tax deduction vs tax write-off

tax write-off and tax deduction both are nouns.

Word NounAdjectiveVerbAdverb
tax write-off Yes No No No
tax deduction Yes No No No
As nouns, tax write-off and tax deduction are synonyms defined as:
  • tax write-off 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 tax write-off include deduction.
tax write-off (noun) tax 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 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 tax deduction

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