SESSION 1 — 45 mins, credit 0.75
Section 199A: Nuts and Bolts (Jan 2020)
Learn about the Section 199A qualified business income deduction, from the statutory basics to the recently issued Treasury and IRS guidance. Discuss qualified trade or business income, rental real estate and the safe harbor, the various limitations on the 199A deduction, the aggregation rules under the regulations, and other key practical aspects of 199A.
Originally presented at: Dec 2019 Taxation Conference