Faculty Publications

Title

New Tax Deduction 199A Will be Lost For Many In 2018

Document Type

Article

Publication Date

7-24-2018

Abstract

The Tax Cuts and Jobs Act (TCJA), which was signed into law in December 2017 and began to take effect in 2018, created a new deduction for pass-through business owners. The deduction, called the 199A deduction, can in certain situations provide up to a 20 percent tax deduction on one’s qualified business income.

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