Section 199

kay

Junior Member

Join Date: Aug 2007

Posts: 5
#1

Section 199

01-10-2008, 03:26 PM

I have a client in NY who is in the business of iron works; most of the business is to install custom made railings for new construction, would any one know if he is eligible for section 199 deductions (Domestic Production Activities)?
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BOB W

Senior Member

Join Date: Jun 2005

Posts: 4061
#2

01-10-2008, 03:41 PM

Originally posted by kay View Post

I have a client in NY who is in the business of iron works; most of the business is to install custom made railings for new construction, would any one know if he is eligible for section 199 deductions (Domestic Production Activities)?

Yes, for sure. Any level of construction would apply to 199.

This post is for discussion purposes only and should be verified with other sources before actual use.

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