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    • Created with Sketch. See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
    Created with Sketch. See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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    Do the irrevocable trust funds that hold stocks through E*TRADE and Ameritrade qualify for the new "Business deduction"?

    acct4it
    Level 1
    ‎12-07-2019 06:19 AM
     
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    itonewbie
    Level 15
    ‎12-07-2019 06:19 AM

    No.

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    Still an AllStar

    View solution in original post

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    4 Comments 4
    itonewbie
    Level 15
    ‎12-07-2019 06:19 AM

    No.

    ---------------------------------------------------------------------------------
    Still an AllStar
    0 Cheers
    sjrcpa
    Level 15
    ‎12-07-2019 06:19 AM
    Unless there are 199A dividends in those accounts.
    The more I know, the more I don't know.
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    itonewbie
    Level 15
    ‎12-07-2019 06:19 AM
    True! :+1::+1:
    ---------------------------------------------------------------------------------
    Still an AllStar
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    mccartyn928
    Level 1
    ‎03-23-2021 07:47 PM

    no t are medical deductions allowed for long term care

    0 Cheers






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