deduct
Remove from total
To deduct is to subtract or take away from a total: The company deducts taxes from your paycheck.
The word appears most often in financial contexts—deducting expenses, withholding amounts, or reducing what's owed.
A tax deduction is an amount subtracted from taxable income.
They deducted the cost of materials from our final payment.
Subtraction symbol
- subtractRemove from a sum
- differenceWay things contrast
- decreaseBecome or make smaller
- diminishTo make smaller
reduce · withdraw · remove · takeaway · lessen · lower · extract · eliminate
Keeping from another
- exemptionRelease from requirement
- itemizeList by particulars
- write-offRecorded value reduction
- allowanceFixed periodic payment
expense · charitable · contribution · dependent · adjustment · taxable · gross · net
minus
Subtraction symbol
- subtractRemove from a sum
- differenceWay things contrast
- decreaseBecome or make smaller
diminish · reduce · withdraw · remove · takeaway · lessen · lower · extract · eliminate · debited
withholding
Keeping from another
allowance · expense · charitable · contribution · dependent · adjustment · taxable · gross · net · audit
conclude
End or infer
extrapolate · surmise · gather · ascertain · determine · logic · premise · inference · implication · reasoning
rebate
Returned portion of payment
offset · credit · allowance · refund · coupon · voucher · promotional
- Reduceshrink, diminish, decrease, lessen, reduce
- subtractionminus, subtraction, minus sign, minuend, difference
- write-offsbad debt, charge-off, capital loss, losses, loss
- tax deductionPermitted income reduction
- charitable deductionTax reduction for donations
- payroll deductionSum subtracted from wages
- logical deductionDeriving conclusions from premises
- deductive reasoningDeriving specifics from generalities
- home office deductionTax break for workspace
deduction, deduce, deducing, deducted, deducting, deductive, deduced, deduces, deducts