Understanding Section 199A: The 20% Deduction for Pass-Through Entity Owners and Investors in Real Estate
Understand how the 20% deduction for pass-through entity owners works, and how to calculate, apply, and claim the deduction. Use examples to illustrate how the deduction works.Highlights
- The fundamental requirements to claim the deduction
- What constitutes qualified business income (QBI)
- W-2 limits and depreciable property limits on the amount of the 199A deduction
- Types of businesses and services eligible
- The income limitations imposed on specified service trades or businesses
- How S corporation shareholders, partners, and members claim it
Registration
PICPA Member: $139
Nonmember: $189
More Information
Course No.
759610
Level:
Intermediate
Prerequisites:
A basic understanding of the federal tax rules relating to individuals and businesses
Notes
This is a four-credit afternoon seminar (12:30 - 4:00 p.m.; 12:00 p.m. registration)
Accepted for CFP® and IRS credits.
Speaker(s)
Michael Reilly
Michael E. Reilly
Course No. 759610
Level: Intermediate
Prerequisites: A basic understanding of the federal tax rules relating to individuals and businesses
Notes
This is a four-credit afternoon seminar (12:30 - 4:00 p.m.; 12:00 p.m. registration)
Accepted for CFP® and IRS credits.
Michael Reilly
Michael E. Reilly
