Sentence examples for deduction off from inspiring English sources

The problem is that when you take one popular deduction off the table, that becomes the best possible argument for keeping the next most popular deduction or exclusion and so on.

Before 2006, homeowners were restricted to a 30percentt deduction off of their adjusted gross income, but the new tax rule allows for a deduction of up to 50percentt.

If the Horovitzes take a standard deduction off income of $450,000, then according to the Tax Policy Center calculator, they will pay $121,576 under the newly enacted American Taxpayer Relief Act, a few hundred dollars more than if the Bush tax cuts had remained in place.

Since filing for bankruptcy, Kmart has been telling at least some manufacturers they can either be paid 60 days after they deliver their wares, or 30 days after delivery if they agree to give a 3percentt deduction off the cost of goods, said Jerry Sandak, a director of Rosenthal & Rosenthal, which lends money to manufacturers.

Each year, if a company loses money, it can claim the losses as a deduction off of its future taxes.

For the rest of 2005, people who purchase a hybrid can take a one-time $2,000 tax deduction off their federal income tax.

On some events, her average difficulty scores represent a full point of advantage over the average "D" scores of other gymnasts, meaning that she could incur the 1-point deduction of falling off the beam, as she did at Olympic Trials, and still win ― as she did at Olympic Trials.

This kind of automatic deduction ("check off") does not cost the government anything.

A deduction comes off your income and can translate into savings of maybe $700.

Learn what the can take deductions off of, what they can't and what you can do to improve.

Families get tax cuts, deductions, write-offs, etc., while single-household residents receive very little, if anything.