deduct (something) from (something)

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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 ?
Deducting from this the rent, interest, and installments on the furniture, they had left sixty dollars, and deducting the coal, they had fifty.
Nicholl understood that the president was deducting from the terrestrial diameter the projectile's distance from the earth.
2056 provides a marital deduction determined by deducting from the gross estate the value of any interest in property that passes or is passed from the decedent to a surviving spouse, but only to the extent that such interest is included in determining the value of the gross estate.