What is the meaning of Deduction?

Deduction is an expense that is allowable as a reduction of gross taxable income by the IRS e. G., charity donations.

Barry Goldsmith
4
 
|15 years ago|374 views|share |citing 
APABarry Goldsmith. (2010). deduction. Retrieved September 20, 2026, from http://smartdefine.org/deduction/definitions/1151638
ChicagoBarry Goldsmith. 2010. "deduction" http://smartdefine.org/deduction/definitions/1151638 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, deduction, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/deduction/definitions/1151638>.
MLABarry Goldsmith. "deduction" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/deduction/definitions/1151638>
{ class="autoclick" }next definition (/)