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Tax Deduction শব্দের বাংলা অর্থ: ট্যাক্স সিদ্ধান্তগ্রহণ
Tax Deduction Meaning In Bengali ট্যাক্স সিদ্ধান্তগ্রহণ
Tax Deduction
Definition
1) A tax deduction is an expense that can be subtracted from a taxpayer's taxable income, thus reducing the amount of income that is subject to income tax. It helps reduce the overall amount of tax owed to the government.
2) A tax deduction is a specific amount of money that can be subtracted from a taxpayer's total taxable income, usually based on specific expenses such as mortgage interest, charitable contributions, or medical expenses.
3) A tax deduction is a tax incentive that encourages certain behaviors or activities by allowing taxpayers to reduce their taxable income by a specified amount, which can result in a lower tax bill.
Examples
Tax Deduction Example in a sentence
1) Making charitable donations can result in a tax deduction for individuals.
2) Homeowners may be eligible for a tax deduction on mortgage interest payments.
3) Self-employed individuals can claim a tax deduction for health insurance premiums.
4) Donating items to a qualified thrift store can lead to a tax deduction.
5) Teachers may qualify for a tax deduction on classroom supplies they purchase.
6) Taking care of a dependent relative could make someone eligible for a tax deduction.
7) Business owners can benefit from a tax deduction for business-related travel expenses.
8) Investing in a retirement account can provide a tax deduction for some taxpayers.
9) Educational expenses like tuition and fees may qualify for a tax deduction.
10) Energy-efficient home improvements may be eligible for a tax deduction.
Part of Speech
Tax Deduction (Noun)
Synonyms
Encyclopedia
A tax deduction is an expense that can be subtracted from a taxpayer's taxable income, thus reducing the amount of income that is subject to income tax. It helps reduce the overall amount of tax owed to the government.
A tax deduction is a specific amount of money that can be subtracted from a taxpayer's total taxable income, usually based on specific expenses such as mortgage interest, charitable contributions, or medical expenses.
A tax deduction is a tax incentive that encourages certain behaviors or activities by allowing taxpayers to reduce their taxable income by a specified amount, which can result in a lower tax bill.
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