The #QBI deduction, introduced in the #TCJA with IRC 199A, allows a deduction of up to 20% of income earned from qualified business activities. In this post from @IntuitAccts, they discuss the aggregation of business entities for calculation of the #QBI.
Aggregating business entities for the QBI...
Get a drill-down analysis from Sarah Molouki, CPA, MTx, of how to aggregate a business entity to enable the qualified business interest deduction.accountantvip
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