Webde·duct. 1. To take away (a quantity) from another; subtract. 2. To derive by deduction; deduce. To take away a desirable part: Poor plumbing deducts from the value of the … Webdeduct - WordReference English dictionary, questions, discussion and forums. All Free.
Deduct Definition & Meaning - Merriam-Webster
WebFeb 2, 2024 · The standard deduction, which is the itemized deduction's counterpart, is basically a flat-dollar, no-questions-asked reduction in your adjusted gross income. You can take either the standard ... WebMar 1, 2024 · Commonly referred to as FICA, these taxes are automatically deducted from employee paychecks and matched by employers. As a small business owner, you’re responsible for collecting, paying, and reporting certain federal and state employment taxes for your employees. This means you need to clearly understand how to calculate the … matthew mcconaughey ka
Deduction Definition & Meaning Dictionary.com
WebTo deduct is to remove or take away some amount. If your boss deducts money from your paycheck because you're always late to work, she subtracts it. When taxes are withheld … WebCopayment. A fixed amount ($20, for example) you pay for a covered health care service after you've paid your deductible. for a doctor's office visit is $100. Your copayment for a doctor visit is $20. If you've paid your deductible: You pay $20, usually at the time of the visit. If you haven't met your deductible: You pay $100, the full ... WebDeduction definition, the act or process of deducting; subtraction. See more. matthew mcconaughey kate h