Using "deduction" in a sentence

Most people no longer get a tax deduction when they donate to charity.
Source: Buffalo News

  Each group table at the 2022 FIFA World Cup ranked teams based on: Points obtained in all group matches Goal difference in all group matches Number of goals scored in all group matches Points obtained in the matches played between the teams in question Goal difference in the matches played between the teams in question Number of goals scored in the matches played between the teams in question Fair play points in all group matches (only one deduction can be applied to a player in a single match): Yellow card: −1 point; Indirect red card (second yellow card): −3 points; Direct red card: −4 points; Yellow card and direct red card: −5 points; Drawing of lots.
Source: Sporting News

He was sentenced in July to restriction in military service for one year, with a 10 percent deduction from his monetary allowance.
Source: Newsweek

(AP Photo/Matt Slocum) Most people no longer get a tax deduction when they donate to charity.
Source: Arkansas Online

Filing status: There are five filing statuses all with varying degrees of tax rates and deduction eligibilities.
Source: Yahoo Finance

Most people no longer get a tax deduction when they donate to charity.
Source: Madison.com

The standard deduction for 2022 is higherWhile the standard deduction rate for your earned income increases each year, to keep up with inflation, for 2022 the standard deduction for single tax filers has been increased by 400 dollars, meaning the threshold for individual filers is now 12,950 dollars.
Source: Marca English

The perils of jumping to conclusions become obvious; only through careful study and deduction will you arrive at the account that describes what truly occurred.
Source: The New Yorker

From a developmental perspective, this sort of deduction could be useful in elongating our existence.
Source: Bored Panda

The latter tactic seems to be increasingly favored by media companies; the basic idea is that a company like AMC or Disney can claim a project is a financial failure and thus take a tax deduction for the cost.
Source: Giant Freakin Robot

Additionally, it noted a pandemic-era exception in 2020 and 2021 that allowed those taking the standard deduction to claim a tax deduction of up to $300 for cash donations to charity hasn’t been extended.
Source: Greater Baton Rouge Business Report

But with the $25,900 standard deduction for married couples filing together for 2022, most taxpayers won't itemize write-offs, making it harder to claim a deduction for charitable donations.
Source: CNBC

Giving to charity might generate a tax break — or notNearly nine out of 10 taxpayers are taking that standard deduction these days — meaning they're not itemizing expenses and claiming deductions, such as charitable contributions, on their tax returns.
Source: Detroit Free Press

DAFs enable you to manage the timing of charitable deduction from a tax perspective.
Source: Silicon Valley Bank

Namely, the rule that capital losses are deductible only against capital gains provides a bit of "wiggle room" for individual taxpayers who are eligible for an annual deduction of up to $3,000 of capital losses that exceed capital gains.
Source: South Bend Tribune

The legislation would restore tax breaks for work-related expenses by updating the Qualified Performing Artist (QPA) deduction and modernizing a provision that has been on the books since it was signed into law in the 1980s by President Ronald Reagan.
Source: Deadline

 No extra deduction for charitable givingThe Coronavirus Aid, Relief and Economic Security Act, or CARES Act, had a provision that allowed taxpayers to deduct an extra $300 for single taxpayers or $600 for married couples on their 2020 and 2021 taxes.
Source: CBS News

It's harder to claim the charitable deduction Your tax refund may also be lower because it's more difficult to claim the charitable deduction in 2022.
Source: CNBC

In light of the general confusion these directions created, the Central Board of Indirect Tax issued a circular on June 22, 2022[10] with FAQs on how the deduction shall be conducted.
Source: Lexology

Charitable deduction for 2022 is 'not as robust' as 2021Additionally, it will be more difficult to claim a deduction for charitable gifts on your 2022 return, the IRS said.
Source: CNBC

Rent and Utilities Do you have a place on lease for running your business? Or do you have a co-working space, a single table, or an entire commercial building for your business? Regardless of your business operation site type, business owners and freelancers can claim a tax deduction on them.
Source: Atlanta Small Business Network

 Bunch your 2022 itemized deductionsSeveral years ago, Congress made the standard deduction more generous but also made it harder for taxpayers to itemize deductions instead.
Source: USA TODAY

The judge ruled that one year of the jail term for the latter charge was to be served consecutively, and also applied a three-month deduction as the media tycoon agreed to the majority of the prosecution’s case and had saved court resources.
Source: Hong Kong Free Press

99 This super clever deduction game has players pitting against the computer to solve the puzzle while racing against each other.
Source: Book Riot

The tax deduction you are eligible to claim for your catch-up contributions might result in a more than $1,000 annual tax bill reduction.
Source: Marca English

Section 179: For your business, the Section 179 deduction is one of the most essential tax codes you need to be familiar with.
Source: CBIA

It's perfectly okay to do that, of course, but it's not okay to buy those same securities back within 30 days, and claim the loss deduction on our taxes.
Source: Investopedia

A Canadian IT company asked a court Monday for a tax deduction of more than C$8.
Source: Bloomberg Tax

My favorite gem that I've come across is the fact that you can receive a charitable deduction for whaling - not for whales, for whaling.
Source: NPR

At that time, the average home value in Portland was $30,500 — which meant disabled veterans got a roughly 25% deduction in property taxes.
Source: KGW.com

Sadly, many investors invest in the scheme only to get a tax deduction of ₹50,000.
Source: Mint

(Samuel Corum/Bloomberg / Getty Images)The agency also noted that a pandemic-era exception in 2020 and 2021 that allowed individuals taking the standard deduction to claim a tax deduction of up to $300 for cash donations has expired.
Source: Fox Business

Those special rules have ended, and it's no longer possible to get a tax break for donations to charities if you claim the standard deduction.
Source: The Motley Fool

| Official Scorecards  Cameron Saaiman defeats Steven Koslow by TKO (strikes) at 4:13 of Round 3 A point deduction put Cameron Saaiman in a corner heading into the third round, but the newcomer rallied to secure the finish and emerge victorious in his UFC debut.
Source: UFC

Earned income is subject to a 20 percent allowed deduction (i.
Source: Marca English

The standard deduction for 2022 is higher It's typical for the standard deduction to increase a little each year, along with the rate of inflation.
Source: CNET

A study by researchers at American University’s Washington College of Law found that the vast majority of the conservation easements created under Section 170(h) of the Internal Revenue Code — which allows landowners to claim a tax deduction for donating property to nonprofit land trusts or other qualifying organizations — do benefit wildlife and protect habitat (Greenwire, May 10, 2021).
Source: E&E News

Thus, results from our DFT calculations now gravitate towards the same deduction and observation reported in recent experiments where the flexibility of the charge state of Ir (hence, the possibility of electrophilic O species) is determined as a key descriptor for enhanced OER performance in amorphous iridium oxides18,19.
Source: Nature.com

The standard deduction will be $13,825 for single filers and $27,650 for married joint filers.
Source: MPR News

Standard deduction: If you have no taxable income, you may be able to withdraw IRA funds up to the amount of the standard deduction without owing taxes.
Source: Yahoo Finance

  Notice 2022-61 describes how taxpayers can be eligible for the increased tax credits or deduction amounts under the new law by satisfying the wage and apprenticeship requirements.
Source: Accounting Today

As of the beginning of this year, the net interest deduction limitation tightened to 30 percent of EBIT, dropping depreciation and amortization from the calculation.
Source: Tax Foundation

“One of the items is in depreciation deduction — called bonus depreciation,” Forbes says.
Source: Forbes

A third incentive for giving during crises — the Universal Charitable Deduction (UCD), also called a nonitemizer deduction — reflects changed tax realities resulting from the 2017 tax law that increased the standard deduction and reduced the share of taxpayers who itemize to fewer than 12 percent.
Source: The Hill

The problem for Belen and Federico obviously is they cannot afford to misbehave with each other as that would lead to the deduction of points.
Source: Wheeling University Athletics

USA Politics News Badges: Pile of Tax Cuts And Jobs Act Buttons With US Flag, 3d illustrationgetty In the first of a three-episode series, Steven Wlodychak, formerly with EY, discusses the creation of the SALT cap deduction by the Tax Cuts and Jobs Act and how states addressed it and other changes.
Source: Forbes

The standard deduction and dependent exemption amounts have shifted to account for inflation, too.
Source: KARE11.com

If Coolio gets a 50% royalty for streaming the estimated royalties of $893,000, so after a 14% deduction for distribution and production, a 12-times multiple would yield $9.
Source: Billboard

Is a tax holiday for a mining company any better (or worse?) than a reduced rate for income from patents or a generous super-deduction for research and development costs? Rather than determining which policies were superior or inferior, countries chose to overlay a minimum tax where any incentives could be clawed back through a top-up tax if that company has an effective tax rate below 15% within a jurisdiction.
Source: Barron's

The IRS no longer allows a deduction for personal casualty and theft losses except in cases of qualified disasters, though you can still write off losses from the theft of investment property.
Source: Fox Business

Depending on where you reside, your donation may qualify for a tax deduction or benefit.
Source: International Fund for Animal Welfare

The full amount of your contribution may be deductible (watch your standard deduction), and you may save the current 15% (or even higher) capital gains tax.
Source: Florida Today

  Cash, credit cards and payroll deduction are accepted.
Source: Michigan Medicine Headlines

We made a special effort to include a mix of games with different mechanics and genres—economic games, war games, engine-building games, and even a deduction game.
Source: The New York Times

AI/ML systems can help in the following key areas: Quick deduction of anomalies and threats from its learning and analysis Detecting and identifying accurate fraud-related patterns AI systems can be trained to identify good bots and block malicious ones AI can be used for automating the discovery of all key devices and applications To manage Security alerts appropriately AI-powered systems can help with incident responses Benefits of Artificial Intelligence and Machine Learning The IT teams or organizations can reap the following benefits by incorporating AI & ML into their cyber security programs Quick detection of threats and alerts: With more and more learning, the AL & ML tools become more and faster to detect, analyse and report threats.
Source: TimesTech

In late October, Tesla reduced the price of its Made-in-China EVs by about 5% and followed it up with a deduction on insurance payments in early November.
Source: Benzinga

Toonsi said: “Tools from philosophy entail critical thinking, examining assumptions, deduction and reduction, and inquiry and also caring thinking, related more to children, which gives children the ability to open their minds to different opinions related to philosophical inquiry.
Source: Arab News

The Cardinals are even paying extra in the form of a lost pick in the 2023 draft and a $500,000 deduction from their bonus pool for international signings.
Source: The Athletic

You can’t have your cake and take a deduction on it, too.
Source: Quartz

“Spreading the R&D deduction over a five-year period means that each year we will now face a higher tax burden due to the inability to immediately deduct R&D expenses.
Source: All Details GaadiWaadi.com

Most people no longer get a tax deduction when they donate to charity.
Source: OregonLive

In 2015, Congress recognized the benefits of these types of agreements by making permanent the conservation easement tax incentive, allowing landowners to take a charitable deduction based on the fair market value of a donated easement.
Source: Billings Gazette

 Business deductionsOne provision of the Tax Cuts and Jobs Act, slated to sunset in 2025, is the Section 199A deduction for businesses organized as a pass-through entity.
Source: CNBC

"Last year, as part of that pandemic package, they put in place a special charitable deduction above the line if you don't itemize of $300 or so per person.
Source: CBS Minnesota

A donor is eligible for an immediate tax deduction when contributing cash, securities, or other assets to a DAF.
Source: CNBC

Specifically, the groups objected to business credits on bonus depreciation, the net interest tax deduction and the research and experimentation tax credit.
Source: The Hill

He even wondered: How did the IRS know in January that he was owed $933 if they didn't receive that paper return nearly a year earlier?Mortimer knows that a big temporary tax deduction was missed when his tax preparer handled the original 2020 federal return in early 2021.
Source: Detroit Free Press

For example, if your itemized deductions will exceed your standard deduction, bring more itemized deductions into this tax year.
Source: Casper Star-Tribune

Most people no longer get a tax deduction when they donate to charity.
Source: Detroit News

The IRS said taxpayers who take the standard deduction instead of itemizing their taxes will no longer be able to deduct their charitable contributions.
Source: The Hill

Put their skills of deduction to the test this year with the gift of a mystical puzzle.
Source: CBC.ca

It will also tell you your 2023 monthly deduction for premiums for Medicare Part B, as well as Medicare Part D, which covers prescription drugs.
Source: CNBC

That deduction takes the available count down to 71.
Source: Bama Hammer

Toonsi said: “Tools from philosophy entail critical thinking, examining assumptions, deduction and reduction, and inquiry and also caring thinking, related more to children, which gives children the ability to open their minds to different opinions related to philosophical inquiry.
Source: Arab News

What Is Capital Loss Carryover?Capital loss carryover is the ability to use the capital loss tax deduction over multiple years if the loss is large enough.
Source: Yahoo Finance

If you make much money at all, it’s advisable to keep track along the way of everything that might be eligible for some tax deduction—your mortgage interest, childcare expenses, commuting costs, and so on—and enter it all correctly come tax day.
Source: People's Policy Project

Next year, the standard deduction will again increase because of inflation.
Source: Roanoke Times

This technique, in which taxpayers accelerate or defer income in order to exceed the standard deduction in a given tax year, took on renewed importance after the 2017 Republican tax overhaul.
Source: Yahoo Finance

Love Letters Love Letters is a fast-playing game of deduction and risk-taking set against the backdrop of an ancient court.
Source: How-To Geek

In secondary school, a teacher mentioned that the deduction techniques detailed in Sir Arthur Conan Doyle’s work had been so well crafted that they influenced the policing of the day.
Source: The Guardian

In many cases, these advantages come in the form of tax deductions, which can only be used if your total deductions exceed the standard deduction for your filing status.
Source: Fox Business

How Does Donating to Charity Reduce My Taxes?If I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by $50,000? So if my adjusted gross income was $100,000, and I gave $50,000 to charity, is my taxable income now $50,000?-BillMaking charitable donations gives you the opportunity to do good and get a valuable tax deduction.
Source: Yahoo Finance

If you make much money at all, it’s advisable to keep track along the way of everything that might be eligible for some tax deduction—your mortgage interest, child care expenses, commuting costs, and so on—and enter it all correctly come tax day.
Source: The American Prospect

The deduction also can be claimed by a surviving spouse receiving military retirement income from a deceased spouse.
Source: Charleston Post Courier

31, even if it is cashed in the new year, still counts toward this year’s deduction.
Source: Kiplinger's Personal Finance

Combined with pending legislation that would limit the charitable deduction for conservation easements in certain cases, this has left many wondering what’s next.
Source: Bloomberg Tax

Whereas most tax breaks for retirement savings allow a deduction on the money flowing into the account and taxes the income coming out during retirement, the Roth IRA does the reverse.
Source: Just Taxes Blog

Keep in mind that even if you got a tax refund last year, with no stimulus payment for 2022 and a less generous deduction for charitable gifts, you may receive a smaller refund in 2023.
Source: CNBC

But retirees taking the standard deduction may benefit from a QCD because it's not part of their adjusted gross income, he said.
Source: CNBC

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