What Happens to the § 199A Deduction If a Qualified

question 44

Multiple Choice

What happens to the § 199A deduction if a qualified trade or business generates a loss?

• A) If the net amount of income, gain, deduction, and loss is less than zero, the net amount of the deduction can be carried back to a previous year or the taxpayer can elect to carry it forward.
• B) If the net amount of income, gain, deduction, and loss is less than zero, the net amount of the deduction is lost and is not available to carryforward or carryback.
• C) If the net amount of income, gain, deduction, and loss is less than zero, the net amount is treated as a loss in the succeeding year.
• D) None of these.

---

Definitions:

5-alpha Reductase Deficiency

A rare condition that affects male sexual development before birth and during puberty.

Male Gender Role

Societal and cultural norms and expectations traditionally associated with men and boys, including behaviors, attitudes, and activities.

Traditional Sexual Scripts

Societal expectations and norms that dictate acceptable sexual behavior and roles, often based on historical or cultural traditions.

Aroused

describes a state of being sexually excited or stimulated.