You can deduct up to $500 for money given to charity.
after deducting taxes, what's left is your net pay for the week
Recent Examples on the Web
Examples are automatically compiled from online sources to
show current usage.Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
For example, under existing law, a team owner paying $1.6 billion for a franchise where $1.5 billion is intangible goodwill could deduct that $1.5 billion over 15 years.—Brendan Coffey, Sportico.com, 22 May 2025 Before the rule, taxpayers could deduct all their state and local taxes from their federal taxes, which some policymakers have said mainly benefits wealthy homeowners in states with high taxes, such as New York and California.—Caitlin Yilek, CBS News, 22 May 2025 Businesses allowed to deduct expenses at an accelerated pace.—Dylan Matthews, Vox, 22 May 2025 The tax bill includes a provision that would loosen restrictions on how businesses deduct interest, making leveraged businesses more attractive to dealmakers.—Ryan Barwick, Axios, 21 May 2025 See All Example Sentences for deduct
Share