Can I deduct my contribution from my income for tax purposes?

The money placed in the reserve is deducted from the bank's income.

In 1999, taxpayers could deduct $2,750 from their adjusted gross income for each dependent.

Under the current federal tax system, almost everybody is allowed to deduct from their gross income a $5,800 standard deduction and a $3,700 personal exemption.

You do not have to deduct it from your income, as in the case of personal allowances.

The Administration also has the authority to deduct money directly from a debtor's income.

The employer will then be able to deduct most of these expenses from his own taxable income.

To work out how much you can deduct from your income, add together the value of the property and the total amount of fees.

This pay may now be deducted from the jurors' income.

Some losses can be deducted from your income instead.