Deduction

From Wikipedia, the free encyclopedia
  (Redirected from Deduce)
Jump to navigation Jump to search

Deduction may refer to:

Philosophy[edit]

Deductions are a conclusion you come to through reasoning.

Taxation[edit]

  • Tax deduction, variable tax dollars subtracted, (or deducted,) from gross income.
    • Itemized deduction, eligible expense that individual taxpayers in the United States can report on their Federal income tax returns
    • Standard deduction, dollar amount that non-itemizers may subtract from their income

Other uses[edit]