Surgent's Understanding Section 199A: The 20% Deduction for Pass-Through Entity Owners and Investors in Real Estate (DEPT)

Description:

Now that the new tax bill - the Tax Cuts and Jobs Act - has gone public, most tax practitioners have one question about it - how does the 20% deduction for pass-through entity owners work? We at Surgent have given numerous webinars and have received hundreds of questions regarding this deduction. In response to all those questions we decided to offer a four-hour webinar on the deduction itself, complete with numerous examples illustrating how this deduction works. We invite you to attend this interesting, insightful, and practical program.

Highlights:

  • The fundamental requirements to claim the §199A deduction
  • What constitutes qualified business income (QBI)
  • W-2 limits and depreciable property limits on the amount of the §199A deduction
  • Calculating the §199A deduction
  • Types of businesses and services eligible for the §199A deduction
  • The income limitations imposed on specified service trades or businesses
  • How S corporation shareholders and partners/members claim the §199A deduction

Objectives:

  • Understand how the 20% deduction for pass-through entity owners works
  • Learn how to calculate the §199A deduction
  • Know how to apply and claim the §199A deduction

Prerequisites:

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

Category:

TX

Credits:

4

Course Level:

Intermediate

Members

Standard Fee: $189.00

Non-Members

Standard Fee: $249.00

Register Now

Vendor:

Surgent McCoy CPE, LLC

Start:

February 13, 2018 9:00am

End:

February 13, 2018 12:30pm

Check-in starts at 4:00pm

Designed For:

Any tax practitioner wishing to understand and apply the 199A deduction
No

Find A CPA