Mary Stewart CPA LogoMary G. Stewart, CPA, PA

Taking the work out of book work
and taking the axe to your taxes.

Mary Stewart CPA Logo

Mary G. Stewart, CPA, PA

Taking the work out of book work
and taking the axe to your taxes.

Phone: (941) 258-3191
Fax: (941) 258-3192
E-Mail: Mary@PtCharlottecpa.com
Address: 2886 Tamiami Trail, Ste 10
Pt Charlotte, FL 33952

(199a Deduction)

20% of the lesser of net trade / business income or taxable income becomes a deduction on your personal tax return if taxable income is less than $315,000 for married filing joint or $157,500 if you are single.

Taxpayers with relatively ‘high’ taxable income are subject to additional limitations.