tax deduction


Definition: Meaning of, tax deduction in English to English dictionary.

Pronunciation: / taks dɪˈdʌkʃ(ə)n /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
tax deduction tax deductions
  1. a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
    ANTONYM
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synonym
antonym