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DRAFT — pending professional review

NOT LEGAL OR TAX ADVICE. This module is reference material for the HigherSelf Network cohort. Pending Lumina tone review, outside-CPA review, ERISA-counsel review for any Solo 401(k) or ROBS section, and Grace Fields authorization before external publication. Cohort-facing facts use anonymized framing until written consent is on file.

All strategies

deduction strategy

§ 199A Qualified Business Income deduction

IRC § 199A

Eligibility

Best when
Pass-through with non-SSTB business income (e.g., bakery, venue, automation platform).
Do not use when
C-corp (no QBI); SSTB above phase-out thresholds.
Amount / cap
Up to 20% of qualified business income from a pass-through entity
SSTB phase-out
Specified Service Trades or Businesses (law, accounting, consulting, health, financial services, etc.) phase out above income thresholds.

Documentation

  • Form 8995 / 8995-A
  • QBI computation worksheet

Risks & warnings

Sunset: Currently scheduled to sunset after 2025 unless Congress extends. Verify current law before any 2026 cohort communication.

Applies to

HigherSelf NetworkThe 7 Space

Interacts with

S-corp election (Form 2553)
Research only — not legal or tax advice