Page 278 - Large Business IRS Training Guides

Lesson Objectives 1

At the end of this lesson, you will be able to:

• Determine eligibility, provide an overview of the

deduction, and define terms

• Explain the computation

• At or below the threshold

• Above the threshold and phase-in range

• Within the phase-in range

• Define the aggregation rules

• Describe penalties and other items

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