For a detailed treatment of deduction as it is understood in philosophy, see Logic. For a technical treatment of deduction as it is understood in mathematics, see mathematical logic.
de·duc·tion (d-d k sh n) n. 1. The act of deducting; subtraction. 2. An amount that is or may be deducted: tax deductions. 3. The drawing of a conclusion by reasoning; the act ...
noun. a deducting or being deducted; subtraction; a sum or amount deducted or allowed to be deducted; Logic the act or process of deducing; reasoning from the general to the ...
General Rules and Qualifications Certain owners and renters of residential property may claim a home heating fuel deduction up to a maximum of $800 for the cost of home heating ...
General Rules and Qualifications For tax years beginning on or after January 1, 2006, individuals may deduct certain commuting costs against their Form 1 or 1-NR/PY income (Part B ...
Deduction - Definition of Deduction on Investopedia - Any item or expenditure subtracted from gross income to reduce the amount of income subject to tax.Also referred to as ...
deduction (plural deductions) that which is deducted; that which is subtracted or removed; a sum that can be removed from tax calculations; something that is written off
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