deduct
verb (used with object)
to take away, as from a sum or amount.
Used to describe an action that began in the past, has continued continuously, and is still in progress.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
I still remain a Republican in principle but I have been deducting state and local taxes, interest on the house and medical expenses since I had my first child nearly 40 years ago.
From New York Times ● Nov. 8, 2017