Calculate the section 199a deduction for 2024

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Taxpayer is an Irrevocable Non-Grantor Trust From 2024 S Corp Schedule K-1: Ordinary Income (which is QBI) $540,524 1231 Gain $2,000 No SSTB W-2 wages 4,719,602 UBIA /Qualified Property limitation 3,670,782. Get the instant assignment help. Calculate the section 199A deduction for 2024 / explain step by step.

Reference no: EM133972739

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