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Leya [2.2K]
3 years ago
12

PLEASE HELP ME

Law
1 answer:
Natalija [7]3 years ago
6 0
<h2>Answer<u>:</u></h2><h2><u>q2345t6y7890987654345678987667876543456787654</u></h2><h2><u>Explanation:</u></h2><h2><u>34567898765434567876543245678765</u></h2>
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All of the following statements are true with regard to qualifying business losses EXCEPT:The loss will reduce any other current
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Answer:

This deduction, created by the 2017 Tax Cuts and Jobs Act, allows non-corporate taxpayers to deduct up to 20 percent of their QBI, plus 20% of qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income.Jul 16, 2019

Explanation:

or 2018, the threshold amount is $315,000 for a married couple filing a joint return, and $157,500 for all other taxpayers. The SSTB limitations don't apply for taxpayers with taxable income at or below the threshold amount.This new deduction is equal to 20% of a taxpayer's “qualified business income” (QBI). QBI is calculated by netting the total amount of qualified income, gain, deduction and loss from any qualified trade or business. ... Capital gains and losses, certain dividends and interest income are some of the excluded items.Apr 2, 2019Section 199A defines a qualified trade or business by exclusion; every trade or business is a qualified business other than: The trade or business of performing services as an employee, and. A specified service trade or business.

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Every 10 years

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