Deductive reasoning, or deduction, is making an inference based on widely accepted facts or premises. If a meal is described as "eaten with a fork" you may use deduction to determine that it is solid food, …

DEDUCTION definition: 1. the process of reaching a decision or answer by thinking about the known facts, or the decision…. Learn more.

Jan 7, 2026 · The standard deduction is a popular way for taxpayers to reduce their taxable income. Your deduction amount depends on your age, filing status and other factors.

A deduction reduces the amount of a taxpayer's income that's subject to tax, generally reducing the amount of tax the individual may have to pay. Most taxpayers now qualify for the standard deduction, …

DEDUCTION definition: the act or process of deducting; subtraction. See examples of deduction used in a sentence.

Deduction is the act or process of subtracting an amount of money from a total amount. After the deduction of tax at 20 per cent, the interest rate will be 6.2 per cent.

Define deduction. deduction synonyms, deduction pronunciation, deduction translation, English dictionary definition of deduction. n. 1. The act of deducting; subtraction. 2. An amount that is or may …

1 day ago · The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

DEDUCTION meaning: 1 : the act of taking away something (such as an amount of money) from a total; 2 : something (such as an amount of money) that is or can be subtracted from a total

Definition of deduction noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.