[se7en.14]

in becker review,example #3 QTB taxable income of $4207,500 or More – how do you know what the Phase out amount is? is it a given amount or do I have to calculate it someohow?

Thanks.

[Adam]

Phase outs usually are given…deductions and credits begin to phase out at a certain level..the new QBID has a phase in…which is when you hit the testing phase of the law before it phases out.

[Author]

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