20% Pass-Through Deduction for Rental Real Estate and Businesses

20% Pass-Through Deduction for Rental Real Estate and BusinessesRecently issued final regulations on the Section 199A deduction, also known as the pass-through deduction or 20% deduction, provided some much-needed guidance and explanations related to qualification, calculation, and reporting rules for the Section 199A deduction. While many of the questions were answered with the final set of regulations, uncertainty still exists in other areas, with new questions emerging that are bound to cause...  Read More...