Type and usage of gross amount from BoostVocab

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gross amount

/groʊs_ə'maʊnt/

Synonyms of gross amount Antonyms of gross amount Examples of gross amount Usage of gross amount Parts of gross amount Definition that contains gross amount Words sounding like gross amount Explanation of gross amount

Definition that contains gross amount

deduction a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
tax deduction a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
tax write-off a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket