IN MATH: 1. n. in computing net pay, an amount which is subtracted from the gross pay for some reason. 2. n. the reason for taking money from gross pay. EX. My gross pay was $200 and I had deductions of $12, $20, and $4.50 for insurance, tax, and savings. My net pay was $163.50. 3. a credit when computing income tax due. 4. the reason for that credit.
IN ENGLISH: 1. as defined above.
APPLICATION: See list 50.
1. Sam had the following deductions: $9.00 for insurance, $12.50 for charity, $78.40 for income tax, and $16.00 for social security. His gross pay was $460.00. What was the total of his deduction?
2. If you have $68.20 in deductions and your net pay is $201.03, what is your gross pay?
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