Pass-Thru Entity Deduction 199A Explained & Made Easy to Understand!
16:34
YouTubeNathan Accounting Group
Pass-Thru Entity Deduction 199A Explained & Made Easy to Understand!
Hi All, I am honored to explain this new complication to the tax law for businesses. This is a section of the law that I try to put into plain language. I unpack the law step by step to make it easy for you to understand. Please let me know how you think we did with this. We are always looking for feedback. Also, please let us know what else we ...
23.1K viewsJan 17, 2018
Qualified Production Activities Income QPAI Deduction
Eligible taxpayers can deduct up to $25,000 of qualified tip income from federal taxable income. This is an above-the-line deduction, meaning it reduces income before AGI is calculated. 🔹 Who qualifies ✔️ Workers in customarily tipped occupations ✔️ Tips must be reported income ✔️ You must have a valid Social Security number ✔️ Subject to income limits and phase-outs 🚫 This does not apply to professions like law, accounting, or consulting. 🔹 What still applies ❗ You still report all tip incom
1:52
Eligible taxpayers can deduct up to $25,000 of qualified tip income from federal taxable income. This is an above-the-line deduction, meaning it reduces income before AGI is calculated. 🔹 Who qualifies ✔️ Workers in customarily tipped occupations ✔️ Tips must be reported income ✔️ You must have a valid Social Security number ✔️ Subject to income limits and phase-outs 🚫 This does not apply to professions like law, accounting, or consulting. 🔹 What still applies ❗ You still report all tip incom
FacebookJill Pryor
229 views1 month ago
Qualified business income deduction | Internal Revenue Service
Qualified business income deduction | Internal Revenue Service
irs.gov
7 months ago
Qualified Chatbots
Qualified Chatbots
qualified.com
Aug 1, 2023
Top videos
This year, there are two new forms for the recipients of Section 199A income to report deductions. Richard Furlong, IRS Senior Stakeholder Liaison, provides recommendations you should consider when handling these forms. For more Pennsylvania tax resources, visit www.picpa.org/taxresources. | Pennsylvania Institute of CPAs - PICPA
2:06
This year, there are two new forms for the recipients of Section 199A income to report deductions. Richard Furlong, IRS Senior Stakeholder Liaison, provides recommendations you should consider when handling these forms. For more Pennsylvania tax resources, visit www.picpa.org/taxresources. | Pennsylvania Institute of CPAs - PICPA
FacebookPennsylvania Institute of
6.9K viewsMar 5, 2020
Understanding the 199a Tax Deduction: Key Information Explained
Understanding the 199a Tax Deduction: Key Information Explained
TikToknetworthnate
15.9K viewsFeb 11, 2022
Update on Section 199A: What You Should Know About the New IRS Guidance
3:07
Update on Section 199A: What You Should Know About the New IRS Guidance
YouTubeEli Financial
93 viewsOct 5, 2018
Qualified Production Activities Income QPAI Calculation
11 reactions | Focus on the RIGHT activities. Income producing activities MUST be priority! [@bryancasella] #therealbrokerage #realbroker #workhardbekind | Real | Facebook
0:43
11 reactions | Focus on the RIGHT activities. Income producing activities MUST be priority! [@bryancasella] #therealbrokerage #realbroker #workhardbekind | Real | Facebook
FacebookReal
2K views3 weeks ago
*High qualified production* *Silk weaving sarees sarees With rich pallu with gold jari weaving and multiclr weaved..* | Kollection Wears Kathmandu
0:20
*High qualified production* *Silk weaving sarees sarees With rich pallu with gold jari weaving and multiclr weaved..* | Kollection Wears Kathmandu
FacebookKollection Wears Kathmandu
2.1B viewsApr 4, 2021
Operating Income: Definition, Formulas, and Example
Operating Income: Definition, Formulas, and Example
investopedia.com
5 months ago
This year, there are two new forms for the recipients of Section 199A income to report deductions. Richard Furlong, IRS Senior Stakeholder Liaison, provides recommendations you should consider when handling these forms. For more Pennsylvania tax resources, visit www.picpa.org/taxresources. | Pennsylvania Institute of CPAs - PICPA
2:06
This year, there are two new forms for the recipients of Section 199A i…
6.9K viewsMar 5, 2020
FacebookPennsylvania Institute of CPAs - PICPA
Understanding the 199a Tax Deduction: Key Information Explained
Understanding the 199a Tax Deduction: Key Information Explai…
15.9K viewsFeb 11, 2022
TikToknetworthnate
Update on Section 199A: What You Should Know About the New IRS Guidance
3:07
Update on Section 199A: What You Should Know About the New IRS …
93 viewsOct 5, 2018
YouTubeEli Financial
What are Section 199A Dividends?
What are Section 199A Dividends?
10 months ago
fitaxguy.com
UNDERSTANDING SECTION 199A
UNDERSTANDING SECTION 199A
718 viewsJan 6, 2018
YouTubeSurgent CPE
Section 199A: Tax Deduction Explained for Small Businesses #shorts
0:58
Section 199A: Tax Deduction Explained for Small Businesses #…
381 views3 months ago
YouTubeFamily Enterprise USA
Section 199A "QBI Deduction" Made Easy
Section 199A "QBI Deduction" Made Easy
584 viewsJul 10, 2019
YouTubeTaxProCPE
3:42
Section 199A Deduction – How To Maximize Benefits?
42 viewsJan 8, 2019
YouTubeEli Financial
0:55
Section 199A: Applications and Challenges in 2019 (AIG4)
2.5K viewsJul 22, 2019
YouTubeSurgent CPE
0:48
Sec 199A: What You Need to Know to Prepare 2018 Tax Returns in Lig…
538 viewsJan 25, 2019
YouTubeSurgent CPE
0:49
Pass Through Entity Explained. Family Business Tax: 199A's Impa…
155 views5 months ago
YouTubeFamily Enterprise USA Action
Claiming Section 199A Deduction For Insurance Advisors
Oct 11, 2018
kitces.com
57:08
Navigating the New 199A Tax Guidance | FULL Webinar
3.3K viewsOct 10, 2018
YouTubeFriedman LLP
2:11
IRS finalizes guidance for the section 199A deduction for shareh…
455 viewsJun 24, 2020
YouTubeAccounting Instruction, Help, & How To (Financi…
2:52
Section 199A Made Easy
22.6K viewsAug 17, 2018
YouTubeBradford Tax Institute
6:28
IRS Form 1099-DIV with Section 199A Dividend Distributions
3K viewsJul 26, 2023
YouTubeJason D. Knott
15:26
How Does QBI Deduction impact S Corp, LLC and Sole Prop?
11.3K viewsAug 27, 2021
YouTubeNavi Maraj, CPA
20:12
OBBBA - Updates to the Qualified Business Income (QBI) deduction …
366 views6 months ago
YouTubeCommunity CPA
11:04
QBI: Qualified Business Income Deduction Explained and Tax Stra…
761 viewsJun 20, 2023
YouTubeTax Axe Ex-IRS Agent
16:21
The Top Tax Strategy for Real Estate | Qualified Business Income Dedu…
354 viewsJun 19, 2023
YouTubeTax Axe Ex-IRS Agent
0:40
💼 Understanding the Section 199A QBI Deduction: Can you deduct 20…
1.3K viewsJun 8, 2024
YouTubeTax Savings TV with Mike Jesowshek CPA
15:00
Specified Service (Trade) Business: Qualified Business Income Deduct…
3.9K viewsMay 10, 2023
YouTubeFarhat Lectures. The # 1 CPA & Accounting Co…
1:00:05
Section 199A 20% Deduction Explained with Examples ¦ Tax Cut…
75 viewsFeb 21, 2019
YouTubeAccounting Basics
0:56
20% QBI Made Permanent: 3 Things to Know about Section 199A
74 views4 months ago
YouTubeJL Smith | Holistic Wealth Management
18:11
Introduction to Qualified Business Income Deduction | Section 199A. …
20.2K viewsMay 7, 2023
YouTubeFarhat Lectures. The # 1 CPA & Accounting Co…
0:33
The Qualified Business Income (QBI) Tax Deduction (U.S. Tax)
18.6K viewsOct 4, 2020
YouTubeEdspira
27:03
(How to Calculate the 20% 199A QBI Deduction) - Very Detailed (20% B…
31.6K viewsDec 30, 2018
YouTubeMoney and Life TV
7:40
2023 Section 199A Dividends
5.3K viewsJan 28, 2023
YouTubeSean Mullaney
3:11
CCH® ProSystem fx® Tax Preparing The QBID 199A Worksheets In A R…
9.1K viewsMar 13, 2019
YouTubeWolters Kluwer Tax & Accounting US
See more videos
Static thumbnail place holder