Date of Posting : June 22, 2020

According to Section 199A, certain professions get limited deduction after reaching a certain threshold level of income. This list includes

accounting,

actuarial science,

athletics,

brokerage services,

consulting,

financial services,

health,

investing services,

law,

performing arts, and

Securities trading services.

Any trade or business where the principal source of income of such trade or business depends on the reputation or skill of one or more of its workforce or owners.