deduct (something) from (something)

(redirected from deducted from)

deduct (something) from (something)

To subtract something from something else. This phrase is commonly used with financial transactions. You can deduct all of your travel expenses from the corporate account.
See also: deduct

deduct (something) from (something else)

to subtract an amount from another amount. Are you going to deduct this from your income taxes? Mr. Wilson deducted the discount from the bill.
See also: deduct
References in classic literature ?
I would not, therefore, on my account, have you encumber one moment of your precious time by sending for her to Edward Street, especially as every visit is so much deducted from the grand affair of education, which I really wish to have attended to while she remains at Miss Summers's.
A safe passage through the Northwest posts was guaranteed to such as did not choose to enter into the service of that Company, and the amount of wages due to them was to be deducted from the price paid for Astoria.
Then there was well-bred economy, which in those days made show in dress the first item to be deducted from, when any margin was required for expenses more distinctive of rank.
This was a fine adjustment, for by working hammer-and- tongs through a twelve-hour day, after freight had been deducted from the selling price of the wood in Los Angeles, the wood-chopper received one dollar and sixty cents.
No; let the sum of twenty guineas which he had stolen be deducted from his share, and then let the sum of three guineas be put back from it, seeing that his mother had always considered three of the twenty guineas as his; and, though he had run away, and was, perhaps, gone across the sea, let the money be left to him all the same, and be kept in reserve for his possible return.
1) IRA fees may be deducted from a taxable account (i.
A FEW weeks ago, British Gas sent out letters stating that the winter rebate of pounds 30 a lot of customers were entitled to was stopping; however, it would still be deducted from the Jan-April bill.
Additionally, Wingnut includes allegations that costs were incorrectly deducted from the revenues to arrive at the net profit amount.
Furthermore, if all investments were expensed and deducted from income, then the tax system would become a consumption tax because consumption equals income minus investment.
Metro's appeal required the Ninth Circuit to decide if a paid but still contested income tax deficiency could be deducted from accumulated taxable income under IRC section 535(b)(1).
When the lender imposes such a fee, the amount is typically deducted from the loan proceeds.
The catch: Yearly contributions of up to $2,000 per person cannot be deducted from taxes.
In the income statement, however, mandatorily redeemable stock is treated just like all other preferreds; the dividends are deducted from net income to determine earnings available for holders of common stock.
com were unaware that certain job search expenses can in fact be deducted from federal taxes.