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AICPA National Tax & Sophisticated Tax Conferences with Private Foundation Summit 2020

NTA2004 - 199A: To Reduce or Not Reduce Qualified Business Income Deduction

Nov 16, 2020 11:15am ‐ Nov 16, 2020 12:05pm

Standard: $49.00


Tax law requires qualified business income to be reduced by certain such as the self-employed health insurance and deductible portion of the self-employment tax along with qualified retirement plan contributions.  However, the application of the law is not well settled as guidance is incomplete.  Learn about the current status of these important reductions as well as the current status of the impact of the aggregation rules by listening to practitioners and IRS representatives discuss the current state of these critical adjustments. 

Learning Objectives:
  • Understand the current IRS interpretation of the Reg. Sec. 199A-3(b)(vi) regulation as evidenced through form instructions, published frequently asked questions and oral presentation.
  • Determine how to apply the aggregation rules of Reg. Sec. 199A-4 as it relates to reduction items.
  • Understand the status of the outstanding guidance issues regarding QBI reductions and the aggregation rules.


  • Margaret Burow, J.D., LL.M. Taxation, Attorney, Office of Chief Counsel, Passthroughs & Special Industries, Internal Revenue Service
  • Troy Lewis, CPA, CGMA, Associate Teaching Professor, BYU
  • Amy Miller, CPA, Senior Manager, AICPA
Category: Concurrent Session (Online)

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