- August 06, 2020
- Lisa Varela
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IRS Amends 199A Regs on Suspended Losses and RICs
IRS Amends 199A Regs on Suspended Losses and RICs The IRS amended final regulations with guidance on the Code Sec. 199A deduction for suspended losses and shareholders of regulated investment companies (RICs). The amendments address the treatment of suspended losses included in qualified business income (QBI), the deduction allowed to a shareholder in a regulated investment company […]
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