Which of the following self-employed individuals are in a specified service trade or business? circle all that apply)
A) Dentist.
B) Consultant.
C) Architect.
D) CPA.
E) None of these.

Question

Quizplus · Accepted Answer

Dentists, consultants, and CPAs are considered to be in specified service trades or businesses according to the IRS, as they are engaged in fields of health, consulting, and accounting respectively. Architects, however, are specifically excluded from the definition of a specified service trade or business under the Tax Cuts and Jobs Act.

Which of the Following Self-Employed Individuals Are in a Specified