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Section 199A

Section 199A(i) Fiscal Year Adoption or Change FAQ

October 18, 2024 by nelson.cpa

Considering a Section 444 election or Section 442 accounting year change request to get a Section 199A(i) deduction? This FAQ answers common questions.

You may want to change your annual accounting period from a calendar year to a fiscal year if you can. Or, for a new business, you may want to adopt a fiscal year as you start the new venture. And for either of two reasons. First, because a fiscal year may help your business better […]

Filed Under: Business tax returns, Section 199A

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