Estimated Effects on Effective Tax Rates & Revenues of Increasing 199A Deduction for Pass-Through Businesses Topic of White Paper From CRS
September 25, 2026
September 25, 2026
WASHINGTON, Sept. 25 (TNSLrpt) -- The Congressional Research Service issued the following In Focus white paper (No. IF13321) by economics specialist Mark P. Keightley.
Here are excerpts:
* * *
Estimated Effects on Effective Tax Rates and Revenues of Increasing the 199A Deduction for Pass-Through Businesses
Under Section 199A of the Internal Revenue Code (IRC), owners of pass-through businesses are eligible to claim a deduction of up to 20% of a . . .
Here are excerpts:
* * *
Estimated Effects on Effective Tax Rates and Revenues of Increasing the 199A Deduction for Pass-Through Businesses
Under Section 199A of the Internal Revenue Code (IRC), owners of pass-through businesses are eligible to claim a deduction of up to 20% of a . . .