Phrases with «to claim the deduction»

"To claim the deduction" means to request or demonstrate that an expense or amount of money should be subtracted from your taxable income, lowering the amount of tax you have to pay. Full definition

Related phrases

Sentences with «to claim the deduction»

  • If you're self - employed and work out of your home, there's a new option for claiming a deduction for a home office. (nbr.com)
  • You can't claim deductions on your return that your child would be eligible for if he or she filed a separate return. (hrblock.com)
  • But, you can't claim a deduction for other taxes paid related to your home. (studentloanhero.com)
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