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ddaphillips
New Member

NAR) said a 20% bus income deduction of real estate sales is applicable under Sec 199 of tax code and it applies to a realtors or sole proprietor. Can you advise?

 
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CherylW
Level 3

NAR) said a 20% bus income deduction of real estate sales is applicable under Sec 199 of tax code and it applies to a realtors or sole proprietor. Can you advise?

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CherylW
Level 3

NAR) said a 20% bus income deduction of real estate sales is applicable under Sec 199 of tax code and it applies to a realtors or sole proprietor. Can you advise?

TurboTaxJulieCo says it best:

https://ttlc.intuit.com/replies/7119714

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