July 30, 2025
Great news: the 20% Qualified Business Income (QBI) deduction — originally set to expire in 2026 — has now been made permanent under the newly passed “Big Beautiful Bill.”What’s changed:
- The 20% deduction remains in place indefinitely for qualified pass-through income
- The phase-in thresholds have been raised to $75,000 (single) and $150,000 (joint)
- A new $400 minimum deduction is available if QBI is at least $1,000
What this means for you:
- You’ll continue to receive the QBI deduction in future years without interruption
- If you’re near the income thresholds, we may have more flexibility in planning
- New business owners may now qualify where they didn’t before
If you have any questions, please feel free to reach out to our team!
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