The phrase "are able to deduct" is correct and usable in written English.
You can use it when discussing the ability to subtract or take away an amount, often in a financial or tax context.
Example: "Taxpayers are able to deduct certain expenses from their taxable income, which can lower their overall tax liability."
Alternatives: "can deduct" or "have the ability to deduct".
In addition, 85percentt of all itemizers are able to deduct their property taxes through the SALT deduction.
Because contributions are deductible and distributions are tax-free, the Smiths are able to deduct most or all of the cost of their long-term care insurance policy, which otherwise would not have been possible.
But jurors are often unaware that companies are able to deduct those punitive damages in calculating their federal income taxes, saving them millions of dollars and undermining the original goal of the damages: to punish reprehensible corporate behavior.
In the present study it was investigated, in a driving simulator, whether drivers are able to deduct the current (or the difference between a high and a low) compliance rate of CCC, from observations of traffic around them.
Donors, who provide money through an Amazon.com account, are able to deduct their contributions, and the website takes a 19percentt commission on the revenues raised by the artist.
Employers are able to deduct the costs of health insurance as a business expense and employees are not taxed on the implicit income they receive in the form of the health care (nominally) paid for by the employer.
So Mr. Romney wants to allow people who buy their own health insurance to be able to deduct premiums, deductibles and co-payments from their income.
Then, given their income and the limits on deductions, he said, they would be able to deduct only a small part of the work's value each year.
"When you think about a family of four, if their standard deduction is $12,700 and they're able to deduct over $16,200 in personal exemptions, that's $28,900 they can deduct, right now, besides the property and other taxes," he said.
Alternatively, people who itemize deductions on their federal returns may be able to deduct education expenses — and possibly travel-related costs — related to maintaining or improving skills for their current jobs.
"Deny deduction for oil spill costs: BP was able to deduct from its tax liability billions of dollars for certain costs related to remediation from the Gulf oil spill.
