Discussion:Domestic Production Activities
From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
Discussion Forum Index --> Tax Questions --> Domestic Production Activities
| 3 February 2006 | |
| I just finished reviewing the rules for the Section 199 deduction (Domestic Production Activities). I have a sole proprietor client that performs consulting mechanical engineering services for architectural firms and industrial clients. Does the gross engineering fees qualify for Domestic production gross receipts. I think so. I also think that all of the Schedule C costs would be the Directly allcable deductions. The Schedule C has substantial W-2 wages so there is no limit at that point.
Retrieved from "http://www.TaxAlmanac.org/index.php/User_talk:Lucia" | |
| 3 February 2006 | |
| Are his services directly related to construction performed in the U.S.? | |
| 7 February 2006 | |
| hi then if all revenue(DPGR) qualifes as construction related, it can be assumed all expenses are related to the DPGR. his bottem line sch c is your DPAI for the 3% deduction. bye | |
To join in on this discussion, you must first
log in.
