Reply To: Clueless about “Section 199A dividends”

Home Fairmark Forum Taxation of Investments Clueless about “Section 199A dividends” Reply To: Clueless about “Section 199A dividends”

#6695
Lewis-H
Participant

Section 199A dividends are otherwise unqualified dividends originating from an REIT source. As pass-through corporation income, you are entitled to deduct 20% of the gross amount by entering it as a Section 199A deduction on Form 1040, Line 10. New in 2019, you must file Form 8995 to figure the deduction, but it will be as simple as 20% of your Section 199A dividends.