Sentence examples for An additional deduction from inspiring English sources

The ITA allows an eligible investor an additional deduction, over and above normal entitlement, for capital costs incurred on qualifying planting expenditures including roads and bridges, farm buildings, plant and equipment that are directly used in plantation development.

In some of those states, they were giving just a minimum home energy assistance benefit to households, which would qualify them for an additional deduction in Snap.

Taxpayers can file for an additional deduction or report the income received from a claim in subsequent years depending on how much they actually receive.

Accelerated depreciation may take the form of an additional deduction in the first year an "initial allowance"—or may be spread over several years.

Can I take the state income tax deduction and a separate deduction for car sales tax in addition if I buy a new car this year? A. The short answer is yes — this is an additional deduction.

In addition, he would double the existing tax credit for each child to $1,000 from $500, and for two-earner couples, he would give an additional deduction of up to $3,000.

That proportion can increase if any additional deductions are made, such as a refund after a passenger complaint.

The reason is that a 2008 law allows homeowners who take the standard deduction an additional standard deduction for state and local property taxes.

You can deduct state and local sales and excise taxes paid on a new vehicle purchase as part of the standard deduction (in the form of an additional standard deduction amount) or as an itemized deduction, said Bob D. Scharin, senior tax analyst from the Tax & Accounting business of Thomson Reuters.

Beyond $100,000, only half the wages paid would be deductible, up to some maximum where no additional deduction at all would be allowed.

They would then proceed to subtract the additional deduction.