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Section 199A Dividend DeductionSmartAsset
•83% Informative
Dividends from domestic real estate investment trusts (REITs) qualify for a special 20% tax deduction.
Income limits don't apply to Section 199A income from REITS.
The tax deduction for dividends is generally 20% of the amount reported in Box 5 of 1099 -DIV.
The deduction does not reduce your adjusted gross income or marginal tax bracket.
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VR Score
84
Informative language
83
Neutral language
46
Article tone
informal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
long-living
External references
18
Source diversity
3
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