Business Income
📌 2026 thresholds (OBBBA — permanent): $201,775 single / $403,500 MFJ. Phase-out band: $75,000 single / $150,000 MFJ. Minimum deduction: $400 if QBI ≥ $1,000 from active trade. Amounts labeled and user-overridable below.
Net income from your trade or business
Line 15 of Form 1040 (estimated)
Business Type & W-2 Wages
Total W-2 wages you (or your entity) pay to employees incl. yourself if S-corp
Unadjusted basis of depreciable property used in the business at close of year
Threshold Overrides (optional — defaults are 2026 OBBBA values)
$75,000 single / $150,000 MFJ (2026 OBBBA)
Estimated QBI Deduction
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Tentative 20% deduction
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Binding limit (W-2/UBIA)
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Est. federal tax saved
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Phase-out status
Deduction Calculation
Next Steps
S-Corp Tax Engine
Model S-corp election tax savings (AL-118)
Reasonable Comp Estimator
Optimize salary/distribution split (AL-145)
1099 Total Cost Calculator
Full SE tax + benefits cost picture (AL-45)