What is Deduction? A Basic Definition

Deduction \De*duc"tion\, n. [L. deductio: cf. F.
         d['e]duction.]
   1. Act or process of deducing or
         inferring.
      [1913 Webster]

            The deduction of one language from another.
                                                  --Johnson.
     
         [1913 Webster]

            This process, by which from two statements we deduce
            a third, is called deduction.         --J. R. Seely.
   
           [1913 Webster]

   2. Act of deducting or taking away;
         subtraction; as, the
      deduction of the subtrahend from
         the minuend.
      [1913 Webster]

   3. That which is
         deduced or drawn from premises by a process
      of
         reasoning; an inference; a conclusion.
      [1913
         Webster]

            Make fair deductions; see to what they mount.
                                                  --Pope.
     
         [1913 Webster]

   4. That which is or may be deducted;
         the part taken away;
      abatement; as, a deduction from
         the yearly rent in
      compensation for services;
         deductions from income in
      calculating income
         taxes.

   Syn: See Induction.
        [1913
         Webster]

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Off-site Deduction Links, User Submitted

The following links have been collected through user bookmark submission in the Deduction category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Wed Jan 7

• DDCcommentaire sDedNat.pdf (application/p df Object)

Tue Jan 6

• réduction d'impôt : travaux et résidence principale - La solution: ation thermique ; ? Matériaux d?isolation thermique des parois opaques : - Toitures-terra sses possédant une résistance supérieure ou égale à 3 m².K/W ; - Planchers de combles perdus possédant une résistance thermique supérieure ou égale à 5 m².K/W ; - Rampants de toiture et plafonds de combles possédant une résistance thermique supérieure ou égale à 5 m².K/W ; ? Matériaux d?isolation thermique des parois vitrées : - Fenêtres ou portes-fenêtre s composées en tout ou partie de polychlorure de vinyle (P

Sun Jan 4

• Depreciation and Section 179 Expense: Tax changes for 2008
• Publication 970 (2007), Tax Benefits for Education: also links to lifetime learning credit (chapter 4) and tuition and fees deduction (chapter 6)
• Tax Deduction Tips

Sat Jan 3

• Plato
• Savingforcolle ge.com - The internet guide to funding college and Section 529 college savings plans.
• IRS-Deductions .org ? A Tax Deduction Guide To Reduce Income Taxes Owed To The IRS: IRS-Deductions .org â A Tax Deduction Guide To Reduce Income Taxes Owed To The IRS

Fri Jan 2

• List of Tax Deductions for Online Biz Owners | Ebiz Tax Tips - Tax Tips for eBay Sellers, Online Business and Other Small Business Owners
• Are attorney fees tax deductible for civil lawsuit?: I am the plaintiff in the legal box as well as have the visualisation opposite the defendant. However, we am right away out of income as well as can’ t means to sinecure an profession to force the collection. Our legal complement is screwed up. C...
• IRS Announces 2009 Standard Mileage Rates: Standard IRS business mileage rate had gone up midyear to 58.5 cents, but on Jan 1, 2009 went DOWN to 55 cents

Thu Jan 1

• Illinois Tollway
• The Mortgage Interest Tax Deduction

Mon Dec 29

• Tax Deductions & Figuring Your Tax - Preparing Your 1040

Thu Dec 25

• Your Home as a Tax Shelter: Top Ten Tax Deductions for Owning Your Home

Off-site Deduction Research Links

If you still need additional information on Deduction then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.