Section 199 deduction

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Florida_EA
    Senior Member
    • Aug 2017
    • 153

    #1

    Section 199 deduction

    An entity is in the business of interior design of model homes and has wages. Will this activity qualify for the 199 deduction
  • Burke
    Senior Member
    • Jan 2008
    • 7068

    #2
    Not enough information to determine. This is a manufacturing and/or production of goods tax credit. Do they have such activities? Need to research the eligibility requirements.

    Comment

    Working...