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2) The qualified business income deduction under Section 199A is severely limited for specified services businesses....

2) The qualified business income deduction under Section 199A is severely limited for specified services businesses. What is a specified services trade or business?

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Answer #1
The specified trade , business are:
Trade or business which involves the performance of services in the fields like law, accounting, health, acturial services, consulting, performing arts, athletics, investing and investment management, financial services, dealing in assets of a business or trade where the principal asset is the skill of its owner or employee, in this trade or business consists of income from endrosing services, the use of an image of individual, voice, appearance at event,television, or any other media format.
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