July 16, 2024

Live Webcast

NYSED 4

Section 199A: Applications and Challenges Webcast

July 16, 2024
Live Webcast
NYSED 4

  • Instructor

    Pamela
    Davis-Vaughn

  • The latest guidance from the IRS provided through regulations or administrative announcements
  • Taxpayers that own multiple entities; aggregation rules
  • Calculating qualified business income
  • The latest guidance on specified trades or businesses
  • Taxable income limits on specified service trades or businesses
  • Maximizing the 20 percent deduction for pass-through entities and Schedule Cs
  • Accounting for negative QBI
  • Whether particular tax entities offer a greater §199A deduction
  • Whether the owner of a Schedule E with net rental income can claim the §199A deduction

Learning Objectives

  • Understand the 20 percent deduction for pass-through entity owners
  • Implement the benefits of this deduction for income tax returns

Major Topics

  • The latest guidance from the IRS provided through regulations or administrative announcements
  • Taxpayers that own multiple entities; aggregation rules
  • Calculating qualified business income
  • The latest guidance on specified trades or businesses
  • Taxable income limits on specified service trades or businesses
  • Maximizing the 20 percent deduction for pass-through entities and Schedule Cs
  • Accounting for negative QBI
  • Whether particular tax entities offer a greater §199A deduction
  • Whether the owner of a Schedule E with net rental income can claim the §199A deduction

CPE Credits Available

NYSED 4
4
Taxation (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • Taxation (NYSED)

Prerequisites

A basic understanding of the federal tax rules relating to individuals and businesses

Advanced Preparation

A basic understanding of the federal tax rules relating to individuals and businesses

Intended Audience

Any tax practitioner wishing to understand and apply the §199A deduction

Provider

Surgent McCoy CPE LLC

This event has ended.