Section 199A is one of the most complex regulations to come out of the Tax Cut and Jobs Act. If you are like most tax practitioners, you may be left wondering how to implement it. You know that you are required to apply it to tax returns, but it is hundreds of pages long. How can you understand the final regulations of section 199A during tax season? When §199A first came into effect, there were many unknowns associated with it, and even though we now have the benefit of having the final section 199A regulations issued, there is still a large amount of information to sift through.

That’s why this course will guide you through the important highlights of the code section 199A final regulations issued in January 2019, along with the corrected final regulations issued February 4, 2019. This course is part of a three-part series of courses designed around this tricky deduction. It will bring you up to speed and give you confidence that you are handling this correctly for your clients. You’ll learn: 

• The changes in IRS section 199A final regulations affecting qualified business income
• Differences between proposed and final regulations as they relate to RPEs
• The final W-2 wage calculations according to Rev Proc 2019-11
• The changes to the final regulations regarding UBIA of qualified property
• The difference between the proposed and final regulations regarding anti-abuse rules
• How to properly perform elective aggregation according to the final regulations

Are you interested in mastering and using the final regulations on section 199A? Then start your free course with Canopy Tax today. 

Enroll now in my free §199A Final Regulations – Part 3 course