Take the pain out of manually computing Section 199A benefits
'Stephan Brewer, CPA, CTRS, JSM Tax, NTPI Fellow
Legacy Tax & Resolution Svc ??The Rescue Squad for Overtaxed and Troubled Taxpayers | ?? Founder Audit Alarm | ??? Tax Problem Resolution | ?? Sophisticated Tax Planning |?? Tax Recovery | ?? Business Value Maximization
Use the Tax Reduction Letter’s Section 199A tax-reform calculator supplied by our friends at the Bradford Tax Institute
If you qualify, the new Tax Code Section 199A offers a 20% deduction on your qualified business income. But the mechanics of making the calculation can be difficult.
You have to take into account the type of business structure you’re using, your taxable income, qualified business income, wages, and depreciable property.
Use the calculator link that you access inside my article titled New Section 199A Tax Reform Calculator for Your Use.
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