PASSTHROUGH BUSINESS DEDUCTION - Download Version
The Tax Cuts and Jobs Act of 2017 introduced the passthrough business deduction – referred to as the §199A deduction, or the deduction for qualified business income. Immediately, practitioners were called upon to answer their clients’ questions regarding this deduction. Unfortunately, those answers were not always easily determined – until now. This course provides a quick, but thorough summary of this deduction, and the multiple limitations associated with it, giving you the understanding you will need to properly advise your clients.
Course Prerequisite: None
Course Level: Overview
Field of Study: Taxes
Course Format: Downloadable Text
Recommended CPE Credit: 3 hours