Page 347 - Large Business IRS Training Guides
P. 347
Aggregation by a Pass-Through Entity
• A pass-through entity may aggregate
trades or businesses it owns directly or
through another entity if the aggregation
requirements are satisfied.
• Owners of the pass-through entity may not
subtract from the trades or businesses
aggregated by the pass-through entity, but
may add additional trades or businesses to
the aggregation.
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