IRC §199A · Form 8995-A

QBI Deduction Deep Dive

Full Section 199A with W-2 wage test, UBIA test, SSTB phase-out, REIT/PTP add-back.

Qualified Business Income (QBI)

W-2 wages paid by the trade/business

UBIA of qualified property

Total taxable income (before QBI)

Filing status

Specified Service Trade or Business (SSTB)?

REIT dividends + qualified PTP income

Net capital gain (incl. qualified dividends)

2024 QBI Deduction

Threshold (your status)

Phase-in range top

20% of QBI (tentative)

W-2/UBIA limit

QBI component (after limits)

REIT/PTP component (20%)

Final §199A deduction

Lesser of (combined QBI + REIT/PTP) or 20% × (taxable income − net capital gain) per §199A(a).

2024 thresholds: $241,950 single / $483,900 MFJ. Phase-in range: +$75K single / +$100K MFJ. Educational. Call 689-331-5723 or info@zerofusstaxes.com.