der Steuerabzug
Translation
tax deduction, tax credit
Examples
Spenden sind ein möglicher Steuerabzug.
Donations are a possible tax deduction.
Er macht den Steuerabzug geltend.
He is claiming the tax deduction.
Grammar Patterns
einen Steuerabzug geltend machen to claim a tax deduction You can claim the tax deduction.
Similar Words
Steuerermäßigung (tax reduction), Freibetrag (allowance)
Etymology
From 'Steuer' (tax) and 'Abzug' (deduction), which comes from 'abziehen' (to pull off, to deduct).
Memory Tips
Think of 'pulling' (ziehen) an amount 'off' (ab) your 'tax' (Steuer).