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 ?
The taxpayer must establish these facts before being allowed to currently deduct employment taxes related to vacation/bonus pay accrued at year-end but not paid until the subsequent year:
4) The taxpayer must not deduct any payroll taxes with respect to any employee whose pay could exceed the wage caps at the time the accrued wages are paid (i.
351 property-for-stock transfer to deduct a transferred liability.
Thus, the IRS concluded that S could deduct the vacation payments in tax year X.
Employers who provide free meals to employees may be able to fully deduct the cost, according to the Tax Court in Boyd Gaming Corp.
This reduction may limit the partner's ability to fully deduct charitable contributions.
In DeCou,(30) a real estate developer was allowed to deduct currently an abnormal retirement loss arising prior to demolition.
Under the procedure, the buyer also may deduct the seller-paid points as long as he also reduces his cost basis in the home.
In addition, a domestic corporation owning less than 20% of an FSC can deduct 70% of the portion of a dividend received from an FSC that is paid out of income effectively connected with a U.
In contrast, the taxpayer in Ruehmann(l4) was allowed to deduct expenses in connection with earning his LL.
The court cited Heidt, which generally held that an employee may not deduct unreimbursed business expenses for which he could have been reimbursed.
It said the policy was a capital asset and determined Steger, therefore, could deduct only 10% of its cost.