The section 199A qualified business income deduction, the specified service trade rules, aggregation, and state pass-through entity tax elections.
9 guides, each written by a CPA licensed in the US and Canada.
The qualified business income (QBI) deduction under IRC 199A provides a 20% deduction on qualified business income from pass-through entities (S-Corps.
Tax PlanningThe IRC 199A QBI deduction lets pass-through owners deduct up to 20% of qualified income, subject to W-2 wage and SSTB limitations above the threshold.
Tax PlanningThe 20% QBI deduction phases out for specified service trades above the income threshold. Architects, engineers, and real estate pros keep the full.
Tax PlanningThe Section 199A QBI deduction reduces taxable income by up to 20% of qualified business income. QBI deduction basics: Below the income threshold: -.
Tax PlanningThe Section 199A qualified business income (QBI) deduction allows pass-through business owners to deduct up to 20% of qualified business income.
Tax PlanningThe qualified business income deduction under IRC 199A provides a 20% deduction on pass-through business income. QBI deduction framework: Below the income.
Tax PlanningHealth, law, accounting, consulting, financial services and other SSTBs lose the QBI deduction at higher incomes. For 2026 it phases out above $201,750 ($403,500 joint).
Tax PlanningThe TCJA capped the state and local tax (SALT) deduction at $10,000 ($5,000 married filing separately) for individual filers.
Tax PlanningThe QBI deduction lets pass-through business owners deduct up to 20% of qualified business income. SSTB limits, W-2 wage caps, and phase-outs.