deducting

Removing from total

Deducting is subtracting an amount from a total: After deducting expenses, we barely broke even.

The word appears most often in financial contexts—deducting taxes from a paycheck, deducting business costs from taxable income.

To deduct is to take away; what remains is the net amount.

subtracting

subtract

Remove from a sum

removal · withdraw · decrease · reduce · diminish · lower · arithmetic · calculation · subtraction · extract

tax

withholding

Keeping from another

write-off · expense · allowance · charitable · mortgage interest · dependents · taxable income · IRS · accountant · filings

inferring

conclude

End or infer

extrapolate · surmise · logic · premise · inference · syllogism · reasoning · analytical · evidence · conclude

Categories
Opposites
arithmetic operation

deductingadding

Joining to increase

summing · totaling · incrementing · accumulating · adding on

financial/accounting action

deductingadding

Joining to increase

crediting · contributing · depositing · supplementing · restoring

Phrases
Family

deduction, deductive, deductible, deductively, deductibility

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G