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Tax deduction is a reduction of income that is able to be taxed and is commonly a result of expenses, particularly those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and credits.

The Educator Expense Tax Deduction allows teachers and certain academic administrators to deduct a portion of the costs of technology, supplies, and certain training. Here’s what teachers need to...

TDS REFERS TO INCOME TAX OF INDIVIDUAL DEDUCTED BY THE SOURCE OF INCOME 115.242.149.167 ( talk) 07:30, 25 April 2015 (UTC) As I understand it this is a type of withholding tax but the article isn't linked.

Tax withholding, also known as tax retention, Pay-as-You-Go, Pay-as-You-Earn, or a Prélèvement à la source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient.