Sentence examples for substantial deduction from inspiring English sources

Their earnings of between 30 shillings and £2 a week were almost certainly higher than their previous wages, but a substantial deduction was made for lodgings and meals.

It forces taxpayers with substantial deductions to compute their tax bill twice.

Substantial deductions are also available to folks who contribute to 529 college savings plans, as many grandparents do.

The AMT is intended to impose a minimum tax on people that have substantial deductions or tax credits, such as a lot of children.

It is the IRS' way of imposing a minimum tax on individuals who have substantial deductions or tax credits that cut their regular tax bill).

Another potential problem for wealthier DIYs, according to Michael Glowacki, is the Alternative Minimum Tax (AMT), which is computed separately from your income tax liability and is the IRS' way of imposing a minimum tax on individuals who have substantial deductions or tax credits that cut their regular tax bill.

The I.R.S. allowed Mr. Axelrod a substantial tax deduction for selling the instruments at a loss.

Banks — including many that later took federal bailout money like Bank of America and Wells Fargo — were able to cash in on substantial tax deductions through the transactions.

In the financial disclosure forms that Mr. Romney has filed as Massachusetts governor and a presidential candidate, he has reported over the years that he has had a financial interest in funds like charitable remainder trusts, which in some instances can allow substantial tax deductions.

But senators of both parties have objected to the proposal because the government already allows a substantial total standard deduction for non-itemizers of $4,550 for singles and $7,600 for married couples.

The Hodgson children could get a substantial $700,000 tax deduction for the easement donation.