tax write-off 1
noundomain: possession
Princeton WordNet [ver.3.1]
'%3e%3cpath%20d='M0,0%20v30%20h60%20v-30%20z'%20fill='%23012169'/%3e%3cpath%20d='M0,0%20L60,30%20M60,0%20L0,30'%20stroke='%23fff'%20stroke-width='6'/%3e%3cpath%20d='M0,0%20L60,30%20M60,0%20L0,30'%20clip-path='url(%23t)'%20stroke='%23C8102E'%20stroke-width='4'/%3e%3cpath%20d='M30,0%20v30%20M0,15%20h60'%20stroke='%23fff'%20stroke-width='10'/%3e%3cpath%20d='M30,0%20v30%20M0,15%20h60'%20stroke='%23C8102E'%20stroke-width='6'/%3e%3c/g%3e%3c/svg%3e)
EnglishDefinition
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Synonyms
- tax deduction 1
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
- deduction 1
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
