deduction

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deduction

 [de-duk´shun]
reasoning in which the conclusion follows necessarily from the premises; reasoning from the general to the particular.

de·duc·tion

(dē-dŭk'shŭn),
The logical derivation of a conclusion from certain premises. The conclusion will be true if the premises are true and the deductive argument is valid. Compare: induction (9).

deduction

Etymology: L, deducere, to lead
a system of reasoning that leads from a known principle to an unknown, or from the general to the specific. Deductive reasoning is used to test diagnostic hypotheses.

de·duc·tion

(dĕ-dŭk'shŭn)
The logical derivation of a conclusion based on certain premises. The conclusion will be true if the premises are true and the deductive argument is valid.
Compare: induction (9)
References in periodicals archive ?
Additionally, Wingnut includes allegations that costs were incorrectly deducted from the revenues to arrive at the net profit amount.
All of the costs properly attributable to the development of software by the taxpayer are consistently treated as current expenses and deducted in full in accordance with the rules similar to those applicable under section 174(a) of the Code; or
However, because RMC and its 100% shareholder were related parties at the end of the tax years prior to 1994, section 267(a)(2) did control when the interest for those years should be deducted.
National Starch deducted these fees, but upon audit the IRS concluded that they should be capitalized.
Accordingly, his legal fees ($500,000) may be deducted only under Sec.
Small-business break: Up to $17,500 can be deducted for office equipment such as furniture, computers and others.
94-12, the IRS held that incidental repairs continue to be deductible because INDOPCO did not "change the fundamental legal principles for determining whether a particular expenditure can be deducted.
At trial, the IRS and taxpayer stipulated that Hitachi had consistently accrued and deducted its CFT on the last day of the income year.
A few items are prohibited from being deducted such as traffic tickets, home phone lines and clothing worn at work (unless it is a required uniform).
Any remaining organizational expenditures may be ratably deducted over 15 years.
Square D deducted both the bank lees and the compensation payments.
Such costs could not be deducted until the package design was abandoned.