Determining the Business Interest Expense Deduction under New Section 163(j)


This course will be an overview of: The calculation of the new section 163(j) limitation contained in the Tax Cuts and Jobs Act (TCJA) Definitions of "interest expense" and "adjusted taxable income" Application to corporate and partnership taxpayers The exceptions to the limitation for small businesses, real estate businesses, and farming businesses Form 8990 Other selected topics, including select international aspects