Glossary · IRC §199A · 26 U.S.C. §199A

Qualified business income deduction

From THE TAX CUTTERY® Guide. Principal treatment in Chapter 12: Real Estate — The Tax-Advantaged Engine of American Prosperity.

QBI Deduction — Section 199A — A deduction of up to 20 percent of qualified business income from pass-through entities, subject to SSTB and wage/property limitations for higher-income taxpayers Qualified business income deduction (Section 199A) — A deduction of up to 20% of pass-through business income, made permanent by OBBBA

In the Guide

This section is treated in Chapter 12, Chapter 1, Chapter 2, Chapter 3, Chapter 5, Chapter 8, Chapter 9, Chapter 13, Chapter 18, Chapter 19, Chapter 21. The published chapter summary is the source of the definition above. The full reasoning, citations, and worked examples are in the book.

Related in this chapter

IRC §121 — IRC §121
IRC §469 — Passive activity loss rules
IRC §1014 — Section 1014 step-up
IRC §1031 — The Mechanics of Deferral
IRC §1250 — Unrecaptured Section 1250 gain

Cite as: Diaz, Paul D. THE TAX CUTTERY® Guide to Federal Income Taxation, Professional Edition, Chapter 12: Real Estate — The Tax-Advantaged Engine of American Prosperity. IRC §199A (26 U.S.C. §199A). taxguide.tax/irc/199A

This is the glossary entry. The chapter itself is in the book. Read a free excerpt, BUY THE BOOK ($299), or get the free Letter.

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