Section 199A Deduction: Rules & Forms Reporting
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Virtual
2.00 Credits
Member Price $89.00
Non-Member Price $89.00
Overview
This program addresses the Section 199A deduction for flow-through entity income, including a review of the major provisions, forms reporting, and recent developments. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics that will be covered in this class include:
- A deep-dive look at the Section 199A flow-through entities deduction
- Calculation of qualified business income
- Application to rental real estate - "safe harbor" rule and aggregation rules
- Self-rental rule for 199A compared to self-rental rule for passive activities
- Differing impact on the sole proprietorship, partnerships and S corporations
- Forms reporting in Form 8995 and Form 8995-A
- 199A flowchart
Prerequisites
Basic working knowledge of individual and business taxation.
Designed For
CPAs in public practice and industry seeking an update on the latest tax developments impacting the flow-through entities deduction.
Objectives
After attending this presentation, you will be able to...
- Apply the rules and forms reporting for deducting income from flow-through entities
Preparation
None
Non-Member Price $89.00
Member Price $89.00