Section 199A dividends are distributions from the profits of domestic real estate investment trusts (REITs) that qualify for a special 20% tax deduction. Investing in Section 199A dividends can ...
Senate Finance Committee Chairman Senator Ron Wyden (D-OR) introduced a bill to make changes to the Section 199A deduction. The key changes are as follows: The proposal does simplify the calculation ...
Team owners will generally be unable to take advantage of the 20% pass-through deduction provided by Section 199A with respect to income generated from the operation of professional sports teams, as ...
Section 199A of the Internal Revenue Code was enacted on December 22, 2017, as part of the Tax Cuts and Jobs Act and provides for a deduction of up to 20% of income from certain domestic businesses ...
The proposed regulations exclude services “not directly related to the medical services field” such as the operation of health clubs or health spas and “payment processing, or the research, testing, ...
The Tax Cuts and Jobs Act included a new deduction for pass-through business income (Section 199A), allowing taxpayers to deduct up to 20 percent of qualifying business income against their taxable ...
Watch Benjamin M. Willis, contributing editor with Tax Notes Federal, and Jed Bodger, vice president of taxation at the Sierra Nevada Corp., discuss their recent article examining how the Biden-Harris ...
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Section 199A dividends are distributions from the profits of domestic real estate investment trusts ...