Section 199A: Applications and Challenges in 2019 Webinar

Understand how the 20% deduction for pass-through entity owners work and best practices to maximize it. Cover the nuances of the deduction and how to implement the benefits of the deduction for income tax returns.
Highlights
Latest guidance issued by the IRS, including regulations and/or administrative announcements * What happens when the taxpayer owns multiple entities; aggregation rules * Calculate qualified business income (QBI) * How to identify a specified service trade or business * Taxable income limits on specified service trade or businesses * Maximize the 20% deduction for pass-through entities and Schedule Cs * What to do if QBI for a given year is negative * Whether a particular tax entity offers a greater Section 199A deduction * Whether the owner of a Schedule E with net rental income can claim the Section 199A deduction