QBI Deduction Calculator
IRS InfoThe 20% Pass-Through Deduction
If you own a small business, you could be eligible for a major tax break. Use this tool to estimate your Qualified Business Income (QBI) deduction.
Key Benefits of the QBI Deduction
This powerful deduction offers several advantages for owners of pass-through businesses.
20% Income Deduction
The core benefit allows you to deduct up to 20% of your qualified business income, directly lowering your taxable income.
Broad Eligibility
Applies to most pass-through businesses, including sole proprietorships, partnerships, and S corporations.
Simpler Rules for Most
If your income is below the thresholds, you don't face complex limitations based on W-2 wages or business property.
Aggregation Advantage
You can combine multiple businesses to potentially maximize your deduction, even if one business has low wages or property value.
Estimate Your QBI Deduction
Enter your tax and business information below. The calculator will apply the appropriate limitations and estimate your deduction.
Your Estimated QBI Deduction
$20,000
This is an estimate. It does not account for the overall taxable income limitation or PTP/REIT income.