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which of the following statements is correct regarding the new pass through entity business deduction? a....

which of the following statements is correct regarding the new pass through entity business deduction? a. It can never come into play for a capital intensive business, b. It can never come into play for a business that does not pay any W-2 wages, c. It can never be claimed by a service provider such as a doctor, attorney, or CPA, d. It must be considered in evaluating whether a business should be operated as a pass through entity or as a C corporation.

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Answer #1

Answer is option B

b. It can never come into play for a business that does not pay any W-2 wages

It can be claimed by capital intensive businesses, service providers and it cannot be a C Corporation.

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