- TX Credits : 0.2
The Tax Cuts and Jobs Act made a number of changes to the tax code including adding a new Section 199A deduction for noncorporate entities. While many times non-corporate means individuals, in this case it is substantially broader and extends to trusts and estates, as well as partnerships and S corporations. In this course, we look at how to calculate the Section 199A deduction trusts and estates may claim.
Thomson Reuters is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.
At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
calculate the QBID deduction for a trust or estate.