Code § 199A permits an individual to deduct 25 percent of the qualified business income generated through a sole proprietorship, a partnership, or an S corporation.

Name: Code § 199A permits an individual to deduct 25 percent of the qualified business income generated through a sole proprietorship, a partnership, or an S corporation.
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Code § 199A permits an individual to deduct 20 percent of the qualified business income, not 25 percent, from a sole proprietorship, partnership, or S corporation.

Code § 199A Permits an Individual to Deduct 25 Percent