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Thesaurus: deductions

n. a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket n. an amount or percentage deducted n. something that is inferred (deduced or entai…

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  1. n. a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket n. an amount or percentage deducted n. something that is inferred (deduced or entailed or implied)