Sentence examples for a large deduction from inspiring English sources

Normally, state taxes are deductible at the federal level, but a large deduction for state taxes can lead to a federal A.M.T. liability.

He landed a tumbling pass too low and was forced to put his hands on the floor, inciting a large deduction.

(With a larger mortgage comes a larger deduction).

People who spend more on certain things, like mortgage interest or hospital bills — or, in Mr. Trump's plan, child care bills — can itemize those expenses and claim a larger deduction.

But Mr. Block said that retirees in many states — New York and Michigan for example — get income-tax breaks on Social Security and pension income, so they may have a larger deduction for sales tax, especially if they have made a large purchase like a car.

Paul Gordon Hoffman, a lawyer with Hoffman Sabban & Watenmaker in Los Angeles who is not related to the president of Planned Giving Design Center, said that charitable remainder annuity trusts financed with cash would generate an increasingly large deduction as interest rates rise.

Its taxable consumption would be that amount minus a large standard deduction — say, $30,000 for a family of four.

Of course gymnastics remains necessarily subjective, and what one judge may construe as a small error (losing 0.1 of a point) might be seen as a large (0.5 deduction) error to another.

Married couples will get a bigger deduction, and higher-income taxpayers will get a larger standard deduction.

In the AMT calculation, you aren't allowed certain deductions (for dependents, for state and local taxes, for instance) but get a larger standard deduction, which is known in AMTspeak as the AMT exemption.

They buy bigger homes, so they get a larger mortgage deduction.