Sentence examples for deduction works from inspiring English sources

HOME OFFICE A lot of taxpayers don't fully understand how this deduction works, and experts say it's susceptible to fudging.

Let us examine some examples: Such a deduction works with two variable ideas, "Leipzig" and "Dresden", and depends also on astronomical knowledge.

Here's how the tax deduction works: You make a contribution to a 501(c)(3) tax-exempt group sponsoring your research, which pays for project expenses, including scientific equipment and your own room, board and, sometimes, ground transport.

Deductions work by reducing the total amount of income that people pay taxes on, so those who pay a higher rate get more value.

Understanding how these tax deductions work and knowing which can be applied to a return is important to maximizing a retiree's refund.

As parts of the puzzle become solved, other deductions work.

In general, if you claim a business deduction for work-related education and drive your car to and from school, the amount you can deduct in 2005 is 40.5 cents a mile through Aug. 31, and 48.5 cents a mile through the end of the year.

People would get deductions for working or living in such a zone, and employers could take payroll deductions.

Representative Chris Van Hollen of Maryland, the top Democrat on the House Budget Committee, said the Romney proposal to cap deductions would work only in concert with allowing the top two income tax rates to revert to the level of Bill Clinton's presidency, 36 percent and 39.6 percent, up from the current 33 percent and 35 percent.

In general, self-employed people who work from home stand a better chance to claim a home office deduction than people working for someone else.

In addition to the farming tax benefits from keeping the sheep, the couple are taking a home-office deduction for her work space.