Jonathan Curry discusses the IRS's rules addressing strategies using trusts to sidestep the section 199A deduction limitations and claim multiple deductions.

For more coverage in Tax Notes, see: 

• 199A Regs’ Multiple Trust Rule May Invite Challenges
• Creating Just One Trust for the 199A Deduction? Think Again
• Non-Grantor Trusts Still Useful in TCJA Planning
• IRS Drops Hammer on 199A, SALT Cap Workarounds
• IRS Likely to Trounce 199A Trust Planning Strategy