Section 199A Deduction

March 27, 2018

Why it's important:

  • 20% deduction on flow-through income including rental income
  • Reduces tax rate on income from top bracket from 37% to 29.6%


Ken Weissenberg:

199 Capital A Deduction, which is a 20% deduction on flow through income, which includes rental real estate income.

It's a major deduction that reduces the tax rate on income for the top bracket of 37% down to 29.6% - major giveaway. That also applies to REIT dividends and a publicly traded partnership income.

About Kenneth Weissenberg

Kenneth Weissenberg CPA, Tax Partner in Real Estate Services, is experienced in tax saving strategies and negotiating sales and acquisitions. He represents owners of some of the most well-known real estate properties in New York City.

More in This Series