29 Usage Examples Depicting the Meaning of 'Deductible' in a Sentence

"capable of being subtracted or taken away, especially in the context of expenses or costs." more

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Costs associated with adopting a child may be deductible, providing financial relief to adoptive parents.

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Interest on student loans is sometimes deductible, providing relief for those with educational debt.

Sarah was glad to discover that her business expenses were deductible, reducing her overall tax liability.

Expenses for setting up a home office, like purchasing furniture, can be deductible.

Expenses related to the care of a service animal may be deductible for individuals with disabilities.

Costs associated with attending trade shows and exhibitions may be deductible for businesses.

Costs associated with obtaining professional licenses and certifications may be deductible.

Certain expenses for home renovations due to medical necessity may be deductible.

Expenses related to the production of income from rental properties are often deductible.

Expenses for the conservation of natural resources on your property may be deductible.

Deductible business losses can offset taxable income in certain situations.

Donations to qualifying political organizations can be deductible as part of your tax deductions.

Qualified medical expenses, including prescription medications, are often deductible for tax purposes.

Energy-efficient home improvements may qualify for deductible credits on your tax return.

When traveling for business, expenses such as meals and accommodation may be deductible.

Losses from a natural disaster may be deductible if the affected area is declared a federal disaster zone.

Expenses for job-search-related activities, such as resume preparation, may be deductible.

Certain business-related insurance premiums may be deductible to reduce taxable income.

Certain expenses for maintaining a home security system may be deductible for security purposes.

The cost of educational materials for work-related courses can sometimes be deductible.

Expenses associated with maintaining a rental property, like advertising, may be deductible.

Rental property expenses, like maintenance and repairs, can be deductible against rental income.

Expenses related to attending professional development conferences can sometimes be deductible.

Research and development expenses incurred by businesses may qualify as deductible expenses.

Costs associated with attending tax preparation services may be deductible for the following tax year.

Costs incurred for attending seminars and workshops related to your profession may be deductible.

Contributions to certain retirement accounts are often deductible from taxable income.

Costs associated with maintaining a historic property may be deductible for historic preservation purposes.

Business-related vehicle expenses, such as mileage, can be deductible for tax purposes.

Deductible