Section 199A Pass-Through Deduction

Overview

The 2017 Tax Cuts and Jobs Act (TCJA) impacts tax planning and liability, with Section 199A being a significant change for pass-through businesses, which pass income and expenses to owners without paying corporate tax. This course covers the Section 199A Pass-Through Deduction, including calculations for business owners below and above the income threshold, and for specified service trades or businesses (SSTBs), examining which businesses qualify as SSTBs.

Find this course for your license

License or Certification

Regulator

Objectives

Calculate of the pass-through deduction for multiple businesses
Determine W-2 wages and the unadjusted basis of qualified property immediately after its acquisition (UBIA)
Define qualified business income (QBI), qualified REIT dividends and qualified publicly traded partnership (PTP) income and the special rules applicable to them
Recognize the aggregation rules applicable to the § 199A deduction
Identify the trades or businesses considered specified service trades or businesses (SSTBs) that may be ineligible for the pass-through deduction

Tax Year: 2023-2024

Designed For:

CPAs, EAs, and other tax professionals

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Course Information

Adding additional credit may change exam requirements.

Prerequisites:	Basic understanding of federal tax law concepts
Advanced Preparation:	None

At WebCE, we are passionate about delivering exceptional professional development solutions. With world-class customer support and education to serve multiple professions, we're here to help professionals reach their career goals.

Quick Links

Catalog

Business Solutions

Blog

Special Offers

All Products

Information

Privacy

Business Continuity

Accessibility

Sitemap

Terms