Which of the following is an election or calculation made by the partner rather than the partnership?
A) Calculation of a § 199A (qualified business income) deduction amount.
B) Tax treatment (credit or amortization) of research and experimental costs.
C) The partnership's overall accounting method.
D) Whether to claim a § 179 deduction related to property acquired by the partnership.
E) All of the above elections are made by the partnership.

Question

Quizplus · Accepted Answer

The § 199A deduction is calculated at the partner level, not the partnership level.

Which of the Following Is an Election or Calculation Made