Section 199A compliance has evolved after OBBA — and so have the risks of getting it wrong. From revised definitions of qualified business income to updated reporting obligations, practitioners must navigate nuanced guidance affecting partnerships, S corporations, and sole proprietorships. Walk away with practical tools, compliance checklists, and calculation frameworks you can apply immediately.
Learning Objectives
Identify the impact of the Section 199A rules on a variety of business entities Identify new provisions to Section 199A after OBBA 2025 Apply the rules and forms reporting for deducting income from flow-through entitiesÂ
Major Topics
- A deep-dive look at the Section 199A flow-through entities deduction Calculation of qualified business income Application to rental real estate
- "safe harbor" rule and aggregation rules Self-rental rule for 199A compared to self-rental rule for passive activities Differing impact on the sole proprietorship, partnerships and S corporations Forms reporting in Form 8995 and Form 8995-A Section 199A flowchart
