Definition of "deductions" []

• Plural form of deduction. (noun)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

• "And if you're on the edge, the time it takes to document your eligibility and to calculate the possible deductions, is frequently time better spent taking the standard deduction and earning some actual money."
• "Tax expenditures are losses to the U.S. treasury from granting certain deductions, exemptions, or credits to specific categories of taxpayers."
• "There are no deductions from the Social Security deposit."