12 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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Certain legal fees incurred for the production of income may be deductible for tax purposes.

Jake realized that his charitable donations were deductible and could help him save on taxes.

Some medical expenses may be deductible if they exceed a certain percentage of your income.

Costs associated with preparing and filing estate taxes may be deductible from the estate's assets.

Expenses incurred while conducting research for a project may be deductible.

Work-related expenses like uniforms or tools may be deductible for employees.

Costs incurred for the conservation of energy in a home may be deductible under certain programs.

Home office expenses, such as a portion of rent or utilities, may be deductible for those who work remotely.

The interest paid on a home mortgage is often deductible for tax purposes.

Costs incurred for the preservation and maintenance of works of art may be deductible.

Legal fees related to certain business matters may be deductible as a business expense.

Costs associated with moving for a job may be deductible if they meet certain criteria.

Deductible