Article Date:
September 2018


Word Count:
1328

 

 

How to Find Your Section 199A Deduction with Multiple Businesses


If at all possible, you want to qualify for the 20 percent tax deduction offered by new tax code Section 199A to proprietorships, partnerships, and S corporations (pass-through entities).

 

If you own one business, you can run into some complications qualifying for the Section 199A deduction.

 

With multiple businesses, you have more choices, and those additional choices make for more complications and decisions.

 

In this article, you arrived at the help desk.

 

We’ll show you step-by-step how to figure your correct Section 199A deduction when you have multiple businesses, and how the brand-new Section 199A proposed regulations give you a new way to rescue an otherwise lost Section 199A deduction. ... Log in to view full article.

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