Calculate your QBI deduction

$
$
I have W-2 wages from this business
Applies if you have employees or pay yourself W-2 wages via S-corp

Your QBI deduction

QBI deduction
$0
reduces taxable income
Tax savings
$0
actual dollars saved
20% of QBI
$0
base deduction amount
Effective deduction rate
0%
of net SE income

Income phase-out status

$0 Threshold Phase-out end

How it's calculated

Net SE income (QBI)$0
× 20% base deduction$0
Taxable income (for limit test)$0
20% taxable income limit$0
Phase-out reduction$0
Final QBI deduction$0
💡 Bottom line
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What is the QBI deduction?

The Section 199A Qualified Business Income (QBI) deduction lets eligible self-employed people deduct up to 20% of their net business income from their taxable income. It was introduced by the Tax Cuts and Jobs Act and extended through at least 2028. For a freelancer earning $80,000, this deduction alone can save $3,500–5,000 in federal income tax.

The deduction is "above the line" in the sense that it reduces your taxable income before applying your tax bracket — but it doesn't reduce your SE tax base, only your income tax.

SSTB vs non-SSTB businesses

The QBI deduction has a critical limitation: if your business is a Specified Service Trade or Business (SSTB) and your income exceeds the threshold, your deduction phases out completely. SSTBs include consulting, law, accounting, financial services, health, performing arts, and athletics.

⚠️ Important for consultants and coaches: If your business involves providing advice or counsel — even if you don't call yourself a consultant — the IRS may classify it as an SSTB. When in doubt, use the SSTB setting and consult a tax professional.

Most gig workers — rideshare drivers, delivery workers, freelance developers, designers, writers, tradespeople — are not SSTBs and get the full deduction below the threshold.

The income thresholds (2025)

For non-SSTB businesses: the full 20% deduction applies at any income level, subject only to a taxable income cap (the deduction can't exceed 20% of your taxable income after the standard deduction).

For SSTB businesses: the deduction phases out between $197,300 and $247,300 (single) or $394,600 and $494,600 (married filing jointly) in 2025. Above the upper limit, SSTB owners get no deduction.

How to maximize it

If you're near or above the phase-out threshold, two strategies can help: maximizing retirement contributions (SEP-IRA or Solo 401k) reduces your taxable income and keeps you in the deduction range, and increasing business deductions reduces your QBI which also reduces SE tax. Use our SEP-IRA Calculator and Solo 401(k) Calculator to see how retirement contributions interact with the QBI deduction.