Phase out amounts

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  • #2316249
    se7en.14
    Participant

    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.

    .
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  • #2316588
    Adam
    Participant

    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.

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