New Tax Deduction 199A Will be Lost For Many In 2018
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.
Hopkins, Jamie, "New Tax Deduction 199A Will be Lost For Many In 2018" (2018). Faculty Publications. 922.