Sec. 199

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Jan

    #1

    Sec. 199

    I have a client that has a Nursery business; he mainly grows plants and then sells them wholesale to Garden and Landscape stores. Does he qualify for Sec. 199?
  • cpadan
    Senior Member
    • Feb 2006
    • 123

    #2
    Domestic Production Gross Receipts includes receipts from qualifed propety which is manufactured, produced, grown or extracted. So I would say yes.

    Dan

    Comment

    Working...