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  • 1.  Section 199A income

    Posted 03-25-2019 13:08
    Hi, I have a real estate client that has schedule 8825 net rental income and has a section 1250 gain due to selling a property.  Are both sources of income aggregated when calculated the section 199A deduction or only the schedule 8825 net rental income applies to this deduction?

    Thanks in advance for the guidance!

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    Jay Gordon, CPA
    Lynbrook NY
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