The Section 199A Deduction illustrated above represents only an estimate. It is based on the assumption that there are no:
Qualified cooperative dividends
Qualified REIT dividends
Qualified publicly traded partnership income
IRS Circular 230 disclosure: Any tax advice contained in this communication, including any attachments, is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed in this communication.