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Level 1
October 8, 2020
Question

199a Deduction for trusts holding IRA assets

  • October 8, 2020
  • 1 reply
  • 1 view

Does the trust holding the IRA assets qualify for the 199A deduction?

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1 reply

sjrcpa
Level 15
October 8, 2020

What would it be deducted from?

If filing a 1041, yes.

The more I know the more I don’t know.