单词 | standard deduction |
释义 | standard deduction standard deduction noun [C,U]
in the US, a fixed percentage that most people take from their income on a tax form before their tax is calculated. They can choose to use this percentage or list amounts separately if this total is higher: Many taxpayers who could reduce their tax bill by itemizing take the standard deduction instead. ⇨ ITEMIZE (2) |
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