Business Interest Expense-Deductible or Not? Part 2


Last month we started the discussion about the new limitation on business interest deduction.  I gave the three exceptions to the limitation.

  1. The Small Business with average annual gross receipts of $25 million
  2. Electing Real Property Business
  3. Electing Farm Business

For more information about these exceptions, please see last month’s blog.

This month I want to discuss how the limitation is calculated if you don’t meet one of these exceptions.

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