Sentence examples for allowed to deduct from inspiring English sources

CHARITABLE CONTRIBUTIONS Taxpayers who do not itemize their deductions would be allowed to deduct charitable contributions in addition to claiming the standard deduction.

Under the current federal tax system, almost everybody is allowed to deduct from their gross income a $5,800 standard deduction and a $3,700 personal exemption.

That is because employers are allowed to deduct their share.

Then, just as employers are allowed to deduct their share of the taxes, self-employed people are allowed to deduct half their self-employment taxes.

Then, just as employers are allowed to deduct their share of the taxes, self-employed people are allowed to deduct half their selfemployment taxes.

And because it is a charity, its donors are allowed to deduct contributions from income taxes.

In parts of Europe, companies were even allowed to deduct kickbacks they had paid against tax.

In some European countries, businesses were even allowed to deduct bribes as an expense.

From the proceeds the bank is allowed to deduct back rent & all expenses.

Businesses are allowed to deduct the cost of equipment depreciation on their annual tax returns.

Under the new regulation, she would only be allowed to deduct $3,500.