TAX DEDUCTION Synonyms
There are 2 hypernyms of the phrase tax deduction. (close relations)
Definition of TAX DEDUCTION
Best Alternative Words for TAX DEDUCTION
Expand? | Word | Save? | More Syns.. | Usage | Type | |||
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deduction | nounn | |||||||
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 amount or percentage deducted • something that is inferred (deduced or entailed or implied) • reasoning from the general to the particular (or from cause to effect) • the act of subtracting (removing a part from the whole) • the act of reducing the selling price of merchandise | ||||||||
allowance | nounn | |||||||
noun • an amount allowed or granted (as during a given period) • a sum granted as reimbursement for expenses • an amount added or deducted on the basis of qualifying circumstances • a permissible difference; allowing some freedom to move within limits • a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets • the act of allowing verb • put on a fixed allowance, as of food | ||||||||
credit | verb, noun, adjectivev, n, adj | |||||||
noun • approval • money available for a client to borrow • an accounting entry acknowledging income or capital items • used in the phrase `to your credit' in order to indicate an achievement deserving praise • arrangement for deferred payment for goods and services • recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours • a short note recognizing a source of information or of a quoted passage • an entry on a list of persons who contributed to a film or written work • an estimate, based on previous dealings, of a person's or an organization's ability to fulfill their financial commitments verb • give someone credit for something • ascribe an achievement to • enter as credit • have trust in; trust in the truth or veracity of | ||||||||
exemption | nounn | |||||||
noun • immunity from an obligation or duty • a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.) • an act exempting someone | ||||||||
offset | verb, nounv, n | |||||||
noun • the time at which something is supposed to begin • a compensating equivalent • a horizontal branch from the base of plant that produces new plants from buds at its tips • a natural consequence of development • a plate makes an inked impression on a rubber-blanketed cylinder, which in turn transfers it to the paper • structure where a wall or building narrows abruptly verb • compensate for or counterbalance • make up for • cause (printed matter) to transfer or smear onto another surface • create an offset in • produce by offset printing | ||||||||
rebate | verb, nounv, n | |||||||
noun • a refund of some fraction of the amount paid • a rectangular groove made to hold two pieces together verb • give a reduction in the price during a sale • cut a rebate in (timber or stone) • join with a rebate | ||||||||
write-off | verb, nounv, n | |||||||
noun • (accounting) reduction in the book value of an asset • the act of cancelling from an account a bad debt or a worthless asset | ||||||||
tax write-off | nounn | |||||||
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 |