Meet 199A: An introduction to the 20% Flow Thru Deduction, known as QBI Deduction and Section 199A. This two hour presentation requires tax professionals to work out the computations. There is no simple 20% carryforward in Section 199A. Attendees will apply each of the six different formulas to varying tax scenarios, recognize which taxpayers get no deduction and be able to optimize business structures for the best deduction. Spreadsheets and slides will be distributed to registrants before the event. This program will be delivered through out the summer at various locations.
Please Note: In lieu of payment those attending agree to accept one low income tax clinic representation case and work with the clinic staff and law professors. This is in association with the Wilmer Hale Legal Services Center