Sentence examples for a larger deduction from inspiring English sources

(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.

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.

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.

Heads of household typically pay a lower tax rate than singles and are entitled to a larger standard deduction.

When rates rise, the rules say that the value that eventually goes to charity rises and that means a larger tax deduction, in fact a far larger one.

You also receive a larger tax deduction for a dependent earning a wage than one who doesn't, notes Richard Dauman, a principle at Bessemer Trust.