The law › Title 26, Internal Revenue Code › Chapter 1

26 U.S.C. 199A: Qualified business income

Created in 2017 by Public Law 115-97. Changed by 1 later law. 1 new law this Congress changed it.

1 part of federal rules cite it as their authority, written by Internal Revenue Service, Department of the Treasury (1).

How it got hereLaws that created or changed it, newest first

2018Consolidated Appropriations Act, 2018

2017Pub. L. 115-97created it

26 U.S.C. 199AQualified business income

The section as a wholerewritten

(a)Allowance of deductionchanged

(b)Combined qualified business income amountchanged

(c)Qualified business incomeadded to

(d)Qualified trade or businesschanged

(e)Other definitionschanged

(f)Special rules

(g)Deduction for income attributable to domestic production activities of specified agricultural or horticultural cooperativeschanged

(h)Anti-abuse rules

(i)Termination

This CongressBills that change it or would

H.R. 1An act to provide for reconciliation pursuant to title II of H. Con. Res. 14.law

past change
enacted this Congress
proposed

This Congress

H.R. 1 An act to provide for reconciliation pursuant to title II of H. Con. Res. 14. · became law · changed (a), (b), (c), (d), (e), (g)

How it got here

2018

Pub. L. 115–141, §101(b)(1), amended subsec. (a) generally. Prior to amendment, subsec. (a) provided equation for allowed deduction for any taxable year, which included special deduction for qualified cooperative dividends. (Consolidated Appropriations Act, 2018) Law text · (a)
Pub. L. 115–141, §101(b)(3), added par. (7). (Consolidated Appropriations Act, 2018) Law text · (b)
Pub. L. 115–141, §101(b)(2)(A), struck out ", qualified cooperative dividends," after "qualified REIT dividends". (Consolidated Appropriations Act, 2018) Law text · (c)
Pub. L. 115–141, §101(b)(2)(B)(i)(I), struck out "investment" before "items" in introductory provisions. (Consolidated Appropriations Act, 2018) Law text · (c)
Pub. L. 115–141, §101(b)(2)(B)(i)(II), inserted at end "Any amount described in section 1385(a)(1) shall not be treated as described in this clause." (Consolidated Appropriations Act, 2018) Law text · (c)
Pub. L. 115–141, §101(a)(2)(C), substituted "Except as otherwise provided in subsection (g)(2)(B), taxable income" for "Taxable income". (Consolidated Appropriations Act, 2018) Law text · (e)
Pub. L. 115–141, §101(a)(2)(A), substituted "any deduction" for "the deduction". (Consolidated Appropriations Act, 2018) Law text · (e)
Pub. L. 115–141, §101(b)(2)(B)(ii), redesignated par. (5) as (4) and struck out former par. (4) which defined "qualified cooperative dividend". (Consolidated Appropriations Act, 2018) Law text · (e), (5)
Pub. L. 115–141, §101(a)(1), amended subsec. (g) generally. Prior to amendment, subsec. (g) related to deduction allowed to specified agricultural or horticultural cooperatives. (Consolidated Appropriations Act, 2018) Law text · (g)

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.