Chapter
1 - Pass-through Business Deduction - Section 1
Passthrough Entities Deduction - 199A(a)
Agricultural & Horticultural
Cooperatives Deduction - '199A(g)
Specified Cooperative Definition
Exclusions, Limits, & Restrictions
Specified Service Trade or Business
Exclusion
Overall Ceiling Limit - The Final Frontier
Combined Qualified Business Income Amount -
'199A(b)
Deductible Amount Under '199A(b)(2)
Income Equal to or Less Than Threshold -
''199A(b)(3)(A)
Income Above Threshold but Below Addition -
'199A(b)(3)(B)
Income Above Threshold Plus Addition -
'199A(b)(2)
Chapter 1 - Section 1 Review Questions
Chapter 1 - Pass-through Business Deduction
- Section 2
Qualified Business Income (QBI) -
'199A(c)(1)
Carryover of Losses for Negative Total QBI
- '199A(c)(2)
Qualified Items of Income, Gain, Deduction,
& Loss - '199A(c)(3)
Exclusions from Qualified Items -
'199A(c)(3)(B)
Reasonable Compensation & Guaranteed
Payments - '199A(c)(4)
REIT Dividends & Publicly Traded Partnership Income
Qualified Trade or Business - '199A(d)
Aggregation - Grouping Multiple Activities
Specified Service Trade or Business Exclusion from Definition
Application of the Exclusion - Three
Results
In Excess of the Threshold Amount Plus $50,000 or $100,000
Applicable Percentage - '199A(d)(3)(B)
De Minimis Exclusion for Small Amounts of
Specified Service
Agricultural & Horticultural
Cooperatives - '199A(g)
Domestic Business - 199A(c)(3)(A)(i)
Chapter 1 - Section 2 Review Questions