Meaning of TAX DEDUCTION

Pronunciation:			taks di'dukshun
WordNet Dictionary
	Definition:		[n]  a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
	Websites:
	Synonyms:		deduction
	See Also:		business deduction, decrease, diminution, reduction, step-down, tax benefit, tax break