Description
The addition of Sec. 199A is perhaps one of the most significant changes and opportunities in the Tax Cuts and Jobs Act (TCJA). It is also very complicated from a compliance and planning standpoint. This session will provide a quick refresher of the basics, cover some of the compliance difficulties and provide forward-looking planning ideas. Specifically, this session will cover:
- Sec. 199A for Real Estate
- Sec. 199A for Insurance and Financial Planning Professionals
- Understanding Separate vs. Separable for SSTBs
- Sec. 199A with REITs and PTP
Learning Objectives:
- Understand how Sec. 199A works for both traditional business and SSTBs.
- Understand when a taxpayer can use separate and separable rules.
Speaker(s):