Where is the § 199A deduction taken on Form 1040?
A. It is a deduction from AGI, much like the standard deduction or itemized deductions, and is the last deduction taken in determining taxable income.
B. It is a business deduction and is taken on Schedule C (Form 1040).
C. It is a deduction that reduces self-employment income and is taken on Schedule SE (Form 1040).
D. It is an itemized deduction taken on Schedule A (Form 1040).
E. None of these.
Answer: A
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