The qualified business income (QBI) deduction is beneficial, but complex and subject to limitations. There are two ways to claim the Sec. 199A QBI deduction. One involves 20% of a taxpayer’s QBI and the other uses the amount of W-2 wages paid by an employer. New IRS guidance describes how to calculate W-2 wages for purposes of the deduction. The IRS has provided 3 methods of calculating applicable W-2 wages in Revenue Procedure 2019-11. For detailed explanations of the methods, go tohttp://bit.ly/2R5IBog,
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