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T20-0225 - Make Sec199A Deduction for Qualified Business Income (QBI) Permanent: Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2030

Impact on the distribution of federal tax burden from permanently extending the section 199A deduction for qualified business income relative to current law, by income percentile for 2030.

Download t20-0225.pdf (522.63 KB)

Download t20-0225.xls (344 KB)

July 15, 2020

Sec199A Deduction for Qualified Business Income (QBI) (July 2020)

Business Taxes