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The phrase "deduction for" is grammatically correct and common in written English.
It is typically used to refer to a reduction or decrease in something, usually related to finances or taxes. Example: The company offers a deduction for employees who use public transportation to commute to work.
Exact(56)
Current tax law calls for an automatic 35percentt deduction for cash bonuses over $1 million.
Consider the deduction for mortgage interest.
Currently the deduction for couples filing jointly is 1.67 times the deduction for single people.
"An updated tax deduction for small businesses is certainly needed".
Slight deduction for his feet being too far apart.
A tax deduction for political contributions may be in order.
The bill creates a deduction for college tuition expenses.
Owners then take a federal tax deduction for their value.
The law extends the additional standard deduction for property taxes.
Thus, there would be no deduction for wages.
Similar(1)
In so doing, Iliffe sought to enjoy a tax deduction for payments amounting to £51.4m.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com