Sai Sankar
Understanding QBI Phase-In: 20% Deduction, Excess, and Thresholds
The 20% QBI deduction is permanent as of September 7, 2025. A widened phase-in range for the W-2…
SSTB QBI Deduction 2025: Thresholds, Phase-In, and Limits
For 2025, SSTB owners face QBI limits based on taxable income: full deduction below thresholds, proportional reduction within…
QBI 199A Aggregation: Ownership, Year Matching, and Integration Rules
To aggregate for the Section 199A QBI deduction, confirm ≥50% common ownership, aligned tax years, no SSTB, and…
QBI Deduction: W-2 Wages, UBIA, and Per-Business Limits
QBI offers up to a 20% deduction for pass-through income but is capped by the greater of 50%…
Understanding QBI Deduction: SSTB, W-2/UBIA, and Taxable Income Limits
Section 199A offers a potential 20% QBI deduction through 2025 but is limited by SSTB rules, W‑2/UBIA tests,…
UBIA Defined: Unadjusted Basis After Acquisition for Qualified Property
UBIA is the original cost at placed-in-service and is not reduced by depreciation. Qualified property must be used…
W-2 Wages: Elective Deferrals, QBI UBIA, and Statutory Employees
IRS 2025 W-2 updates clarify W-2 wage composition, include elective deferrals in Box 1/12, and exclude properly marked…
199A: Negative REIT/PTP Amount Yields Zero Deduction, Carryforward
OBBBA permanently preserves the 20% Section 199A deduction for qualified REIT dividends and qualified PTP income. Negative combined…
SSTB Thresholds Under IRC 199A: 10% vs 5% Receipts
The 10% (≤ $25M) and 5% (> $25M) specified-service gross receipts thresholds remain effective for 2025; exceeding the…
Publicly Traded Partnerships: Qualified Income Rules and 2025 Updates
2025 rules expand PTP qualifying income to include select low-carbon sectors for post-2025 tax years and impose TD…
QBI Deduction 199A: Permanent, 23% Rate Beginning 2026
OBBBA (2025) permanently extends Section 199A, raising the QBI deduction from 20% to 23% for 2026 onward, adds…
REITs and Section 199A Qualified Dividends: Tax Implications
The 20% Section 199A deduction applies to qualified REIT dividends through 2025 but requires holding shares more than…
Understanding QBI Deduction: Eligibility, SSTBs, and 2025 Thresholds
QBI remains permanent for 2025: eligible pass-through owners can deduct up to 20% of qualified business income. 2025…
Understanding Qualified Business Loss Carryovers Under Section 199A
Section 199A remains permanent; qualified business losses carry forward to reduce future QBI. OBBBA raises the deduction to…
Understanding the Qualified REIT/PTP Component and Its 20% Deduction
Through 2025, taxpayers may claim a 20% Section 199A deduction on qualified REIT dividends and qualified PTP income…