Multiple Trades or Business 199A

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Message Board Multiple Trades or Business 199A

This topic contains 1 reply, has 2 voices, and was last updated by Sandy Weiner 2 months, 1 week ago.

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  • #142155

    On page 5-25 of the Tax Update book regarding multiple trades or business in a single entity, we can make a reasonable allocation and treat the drug store business as two separate businesses even there is no separate books and records.  Is it still the same under the Final Reg?  Thank you!

  • #142241
    Sandy Weiner

    It is the same under the final regulation.