Introduction to §199A: Fundamentals and Basic Concepts (Nano Course)

Author: Greg White

In this nano course, Greg White, CPA, will cover items that comprise qualified business income, including income items excluded from QBI. We’ll also cover the phase out computations that apply both for specified service trades or businesses (SSTBs) and the “ordinary income” limitation.

Please check your State Board of Accountancy to confirm if Nano courses are accepted for CPE credit.

Publication Date: May 2019

Topics Covered

• Comprise qualified business income
• Income items excluded from QBI
• Phase out computations that apply both for specified service trades or businesses (SSTBs)
• "Ordinary income" limitation

Learning Objectives

• Identify limitations on the qualifying business income deduction

Level
Basic

Instructional Method
Nano Learning

NASBA Field of Study
Taxes (0.2 hour)

Program Prerequisites
None

Advance Preparation
None