If qualified production activities income (QPAI)cannot be used in the calculation of the domestic production activities deduction in 2010 because of the taxable income limitation,the product of the amount not allowed multiplied by 9% can be carried over for 5 years.

Question

Quizplus · Accepted Answer

The domestic production activities deduction (DPAD) cannot be carried over to future years if it is limited by taxable income. The deduction is only available for the year in which it is calculated.

If Qualified Production Activities Income (QPAI)cannot Be Used in the Calculation