The Section 199A Pass-Through Deduction

webinar
IRS Number: 5KBKR-T-00713-21-O

Product Description

The text is conceptually divided into three sections: First, calculation of the pass-through deduction for business owners
whose taxable income does not exceed a threshold amount set by statute; second, calculation of the pass-through deduction for business owners
whose taxable income is greater than the threshold; and finally, calculation of the pass-through deduction for business owners whose taxable
income is greater than the threshold and whose businesses are considered specified service trades or businesses (SSTBs). The final chapter
examines each of the business categories that are considered specified service trades or businesses and identifies those businesses that might
appear to be placed in those categories but which would not be deemed SSTBs.

Attendee Requirements

THIS IS A REBROADCAST - Earn Live CPE credit. This is a rebroadcast of an earlier webinar with a Live Moderator to answer your questions.

You must have a high speed internet connection, speakers connected to your computer, headphones or call in for audio and a monitor.

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Prerequisites

None

Field of Study

Taxes-3.00

Hours

3

NASBA Categories

Taxes

Course Level

Intermediate

Course Objectives

Upon completion of this course you will be able to:
1. Explain how to compute the § 199A deduction for pass-through business owners whose taxable income is:
•Not in excess of the applicable threshold,
•In excess of the applicable threshold but not in excess of the sum of the threshold and phase-in range, and
•In excess of the sum of the applicable threshold and phase-in range;
2. Determine W-2 wages and the unadjusted basis of qualified property immediately after its acquisition (UBIA);
3. Define qualified business income (QBI), qualified REIT dividends and qualified publicly traded partnership (PTP) income and
the special rules applicable to them;
4. Recognize the aggregation rules applicable to the § 199A deduction; and
5. Identify the trades or businesses considered specified service trades or businesses (SSTBs) that may be ineligible for the
pass-through deduction.

Speaker Details

Terry Bakker CPA, EA Terry Bakker CPA, EA

Disclaimer

Fees and Schedule - This TaxSpeaker Internet-Live webcast will begin and end promptly at stated time. All 8-hour webcasts will break for lunch, and have 2, 10-15 minute breaks.

Attendees must answer 75% of all polling questions given during the day to obtain the full hours of CPE Credits.

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NO REFUNDS/TRANSFERS WILL BE ISSUED AFTER THE SEMINAR BEGINS. NO EXCEPTIONS.

Continuing Education
Jennings Advisory Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. NASBA Sponsor #108251


Jennings Advisory Group, LLC has entered into an agreement with the Return Preparer Office, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Return Preparer office as to the quality of the program or its contribution to the professional competence of the enrolled individual. IRS Sponsor Number 5KBKR.

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