deductions
Reasoned conclusions reached
Deductions are amounts subtracted from a total.
In finance, tax deductions reduce taxable income: mortgage interest, charitable contributions, business expenses.
Payroll deductions come out of a paycheck before you see it: taxes, insurance, retirement contributions.
The word also names conclusions reached through reasoning: His deductions proved correct.
The singular deduction covers both the act of subtracting and the act of reasoning from evidence.
Formal deductive argument structure
- premiseFoundation for logical argument
- inferenceConclusion reached through reasoning
- theoremDemonstrated logical conclusion
- corollaryLogical natural consequence
validity · soundness · axiom · proof · proposition · predicate · quantifier · conclusion
Keeping from another
- exemptionsReleases from obligation
- itemizeList by particulars
- creditsUnits toward graduation
- standardLevel of quality accepted
charitable · dependent · mortgage · W-2 · 1040 · IRS · filing · brackets
Conclusion reached through reasoning
- conclusionEnd or deduction
- extrapolationExtending data beyond bounds
- implicationIndirect suggestion or consequence
- conjectureGuess from limited facts
hypothesis · analysis · rationale · abduction · assumption · postulate · interpretation · discernment
Conclusion from investigation
- judgmentReasoned decision-making capacity
- decisionSettled course of action
- outcomeFinal result of events
- resolutionFormal decision or determination
determination · settlement · adjudication · ruling · pronouncement · conviction · conclusion · assessment
Money spent on things
- write-offsCancelled debts or expenses
- depreciationAsset value reduction over time
- amortizationGradual debt reduction schedule
- adjustmentsChanges to improve fit
ledger · bookkeeping · overhead · capitalization · deferrals · balance · statements · revenue
syllogism
Formal deductive argument structure
- premiseFoundation for logical argument
- inferenceConclusion reached through reasoning
- theoremDemonstrated logical conclusion
corollary · validity · soundness · axiom · proof · proposition · predicate · quantifier · conclusion · entailment
withholding
Keeping from another
- exemptionsReleases from obligation
- itemizeList by particulars
- creditsUnits toward graduation
standard · charitable · dependent · mortgage · W-2 · 1040 · IRS · filing · brackets · returns
inference
Conclusion reached through reasoning
- conclusionEnd or deduction
- extrapolationExtending data beyond bounds
- implicationIndirect suggestion or consequence
conjecture · hypothesis · analysis · rationale · abduction · assumption · postulate · interpretation · discernment · insight
finding
Conclusion from investigation
- judgmentReasoned decision-making capacity
- decisionSettled course of action
- outcomeFinal result of events
resolution · determination · settlement · adjudication · ruling · pronouncement · conviction · conclusion · assessment
expenses
Money spent on things
- write-offsCancelled debts or expenses
- depreciationAsset value reduction over time
- amortizationGradual debt reduction schedule
adjustments · ledger · bookkeeping · overhead · capitalization · deferrals · balance · statements · revenue · profit
- Federal TaxesIRS, tax return, tax refund, Form 1040, 1040
- labor lawlabor code, labor law, labor laws, labor standards, labour law
- US Taxationincome tax, federal tax, tax rates, tax code, IRS
- corporate taxestax rate, tax rates, tax liability, tax code, tax brackets
- income taxtax return, taxable income, tax brackets, tax rates, tax bracket
- personal taxincome tax, capital gains, property tax, estate tax, inheritance tax
deductionsinductions
Acts of formally admitting
inductive reasoning · generalizations · extrapolations · pattern recognition · abductions
deductionsadditions
Things joined to existing wholes
credits · bonuses · supplements · contributions · deposits
deductionsassumptions
Unproven things taken as true
guesses · hunches · suppositions · conjectures · speculations
- tax deductionsAmounts reducing taxable income
- charitable deductionTax reduction for donations
- payroll deductionSum subtracted from wages
- business deductionsExpenses subtracted from revenue
- logical deductionDeriving conclusions from premises
- allowable deductionsExpenses reducing tax burden