Definition of «full deduction»

The phrase "full deduction" means being able to subtract or take away the complete amount or value of something from the total.

Sentences with «full deduction»

  • You can receive full deduction on your 2016 tax return if you're filing single and earn $ 65,000 or less, or if you're married and file jointly with your spouse and your combined income is $ 135,000 or less. (thecollegeinvestor.com)
  • -- Full deduction if your MAGI is $ 65,000 or less — Partial deduction if your MAGI is between $ 65,000 and $ 80,000 — No deduction if your MAGI is $ 80,000 or more (gobankingrates.com)
  • So if Facebook's stock plummets after it's gifted to the Zuckerbergs» new foundation, the Zuckerbergs still get the full deduction value of the shares prior to the price decrease, tax experts say. (inc.com)
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