a maximum deduction of

USAGE SUMMARY

The phrase "a maximum deduction of" is correct and usable in written English.
It can be used in contexts related to finance, taxes, or any situation where a limit on deductions is being discussed. Example: "For this tax year, you are allowed a maximum deduction of $10,000 for charitable contributions."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

5 human-written examples

He would create a deduction for two-earner couples of 10percentt of the lower-earning spouse's income, up to a maximum deduction of $3,000.

The New York Times

Then, if there is still a net loss, you can offset it against any gains across both categories for a maximum deduction of $3,000.

Forbes

While previous tax years offered a maximum deduction of $510,000, the changes made through the TCJA mean that "For qualifying property placed in service in tax years beginning in 2018, the maximum Sec.

Forbes

But when it comes time to file their state return, they are allowed a maximum deduction of $1,500 and nothing at all if they are covered by an employer retirement plan.

Los Angeles Times

Rep. Wally Herger (R-Marysville) proposes allowing the lower-paid spouse an additional deduction of 10% of income up to $30,000, for a maximum deduction of $3,000.

Los Angeles Times

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

On the personal side, the bill was found to contain a substantial marriage penalty: the maximum deduction of ten thousand dollars for state and local taxes is the same for individual filers and couples.

The New Yorker

Companies benefit from a 60% tax deduction on donations up to 0.5% of annual turnover, while individuals can deduct 66% of their donation to a maximum of 20% of their taxable income.

The Guardian - Business

For our top taxpaying family, that maximum deduction would yield a tax savings of some $7,100.

Los Angeles Times

(Maximum deduction for donations to a family foundation: 30% of adjusted gross income for gifts of cash, 20% for stock, with a five year carryover of unused writeoffs permitted).

Forbes

For example, in 1999 Barclays capped the maximum deduction at around £950 a year.

The Guardian - Money

For example, in 1999 Barclays capped the maximum deduction at around £950 a year, and BP scrapped deductions the following year.

The Guardian - Money

Expert writing Tips

Best practice

When specifying a maximum deduction, clearly state the conditions or qualifications that must be met to be eligible for that deduction. For instance, indicate income limits, eligible expenses, or specific filing statuses that apply.

Common error

Be aware that some deductions are phased out as income increases. Ensure you're communicating whether the "maximum deduction" is affected by income levels and at what point the deduction begins to decrease or disappear.

Linguistic Context

The phrase "a maximum deduction of" primarily functions as a modifier specifying the upper limit of an amount that can be deducted. Ludwig AI states this phrase is correct. It typically introduces a numerical value that represents this limit. The phrase serves to clarify the extent to which a financial reduction can be applied.

Expression frequency: Rare

Frequent in

News & Media

60%

Science

20%

Wiki

20%

Less common in

Academia

0%

Formal & Business

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "a maximum deduction of" serves to define the upper limit of an amount that can be deducted, primarily within financial or legal contexts. Ludwig AI confirms its grammatical correctness and usability. While generally neutral in register, it commonly appears in news media, scientific articles, and wiki-based content. Although authoritative sources like The New York Times and Forbes use it, its usage is still relatively rare. When using the phrase, ensure clarity by specifying eligibility conditions and potential phase-outs related to income levels. Alternatives include "a deductible limit of" or "a top deduction of", offering similar meanings while varying in formality and emphasis.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a maximum allowable deduction of

Replaces "deduction" with "allowable deduction", emphasizing the permissibility of the deduction.

a deductible limit of

Changes the structure to focus on the limit itself, rather than the deduction.

a maximum tax break of

Substitutes "deduction" with "tax break", offering a more informal and accessible term.

a top deduction of

Uses "top deduction" to indicate the highest possible deduction.

an upper deduction limit of

Rephrases to highlight the upper boundary of the deduction.

the highest deduction possible of

Emphasizes the possibility of achieving the maximum deduction amount.

a maximum write-off of

Replaces "deduction" with "write-off", a term commonly used in accounting.

a greatest reduction of

Uses "greatest reduction" to refer to the maximum financial benefit received.

the peak deduction value of

Focuses on the value aspect of the deduction.

an utmost deduction of

Substitutes "maximum" with "utmost" to provide a more formal tone.

FAQs

How do I use "a maximum deduction of" in a sentence?

Use "a maximum deduction of" to specify the highest amount that can be subtracted from a total, often in the context of taxes or expenses. For example, "You can claim "a maximum deduction of" $3,000 for qualified education expenses".

What is an alternative to saying "a maximum deduction of"?

Alternatives include "a deductible limit of", "a maximum allowable deduction of", or "a top deduction of", depending on the specific nuance you want to convey.

What does "a maximum deduction of" mean in tax terms?

In tax terms, "a maximum deduction of" refers to the highest amount that a taxpayer can legally subtract from their gross income to reduce their tax liability. This amount is often subject to certain conditions and limitations set by tax laws.

How do income limits affect "a maximum deduction of"?

Certain deductions may have income limits, meaning that the "maximum deduction of" is reduced or eliminated as a taxpayer's income increases. Taxpayers should verify if income limits apply to specific deductions.