tax-deductible expenses
Tax-deductible expenses are costs that an individual or business can subtract from their taxable income, thereby reducing the amount of income tax owed.
Requires login.
Related Concepts (1)
Similar Concepts
- business expense deductions
- deductibles
- educational expenses
- estate tax deductions
- exemptions and deductions
- itemized deductions
- medical expense deductions
- medical expenses
- property tax deductions
- state and local tax deductions
- tax deductions
- tax deductions and loopholes
- tax deductions for education expenses
- tax exemptions and deductions
- vacation and travel expenses