deduction from income

Translations
вычет из дохода
He is eligible for a deduction from income for educational expenses.
Он имеет право на вычет из дохода на образовательные расходы.
Definitions
Deduction from income refers to the amount that can be subtracted from an individual's total income to reduce the taxable income, thereby lowering the overall tax liability. These deductions can include expenses such as mortgage interest, student loan interest, medical expenses, and contributions to retirement accounts.