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 ?
National Community Foundation was first to introduce the Customizable Tax Deductible Annuity[TM].
And yes, your contributions to the Cato Institute are tax deductible - which means the federal government is quietly chipping in plenty.
The new 2014 Guide To Tax Deductible Long Term Care Insurance is available in E-format to members of the organization.
The author of the Guide To Tax Deductible Long-Term Care Insurance, published by the American Association for Long-Term Care Insurance, notes that the vast majority of consumers and even many accountants and tax professionals are not fully aware of the current tax rules.
In addition to the above requirements, section 274(n)(1) limits the tax deductible amount of any food, beverage, or entertainment outlay--including the costs of a facility used in connection with such activity-to 50% of the amount section 162 otherwise allows as an ordinary and necessary business expense.
The California Association of Mortgage Brokers applauds Congress and the President for taking action to make mortgage insurance tax deductible for working families," said Jack Williams, President of the California Association of Mortgage Brokers.
Making mortgage insurance tax deductible will amount to real savings for people who need it the most -- families who've worked hard to get into their first homes," said Pete Sepp of the National Taxpayers Union.
Although contributions to a Roth IRA are not tax deductible, withdrawals have this advantage: They are not included in a taxpayer's income if received when the account has been open for at least five years and the taxpayer is at least 59 1/2 years old.
Many credit cards have interest rates ranging from 18% to 21%, which is not tax deductible.
com/ -- featuring images and information designed to raise awareness of the benefits of private mortgage insurance (PrivateMI), including the fact that for the first time premiums are tax deductible in 2007.
In 1942, government made the premiums fully tax deductible for employers who cover employees' health care, encouraging employers to offer benefits but discouraging individuals from owning health insurance.
As with qualified plans, employer contributions are tax deductible and are not taxable to the employee.