Discussion Question 9-12 (LO. 6)Identify the requirements that must be met in order to aggregate businesses for...

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Accounting

Discussion Question 9-12 (LO. 6)
Identify the requirements that must be met in order to aggregate businesses for purposes of the QBI deduction.
a.  The same person or group of persons must own, directly or indirectly, 50% or more of each business to be aggregated.
YesNo
b.  Control is met for the "majority" of the tax year.
YesNo
c.  At least 50% of businesses share the same tax year.
YesNo
d.  All of the businesses are "specified services" businesses.
YesNo

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