Phrases with «deductible expenses»

"Deductible expenses" refers to the costs or expenditures that you can subtract or deduct from your taxable income. By deducting these expenses, you can potentially lower the amount of income that is subject to taxation, which may reduce your overall tax liability. Full definition

Related phrases

Sentences with «deductible expenses»

  • It's a way to seal the deal — and a tax - deductible expense for the seller. (realtor.com)
  • Just like mortgage insurance, there are other tax deductible expenses you may consider paying before the end of the year. (treesfullofmoney.com)
  • There are a wide range of deductible expenses such as mortgage interest, state and local property and income taxes, medical expenses and charitable contributions. (turbotax.intuit.com)
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