Business Tax Deduction Calculator

Calculate your enhanced QBI deduction and other business tax benefits

Business Deduction Analysis

Income Information
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Your net profit from Schedule C, K-1, etc.
$
Total taxable income (for phase-out calculation)
QBI Deduction Limitations
$
Total W-2 wages paid by the business
$
UBIA of qualified property
Additional Business Deductions
$
Eligible for 25% bonus deduction
$
Eligible for enhanced depreciation
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Understanding Business Deductions

QBI Deduction Basics
  • 20% deduction on qualified business income
  • Enhanced to 25% under Big Beautiful Bill
  • Subject to wage/property limitations
  • Phase-in starts at $182,050 (single)
Additional Benefits
  • 25% bonus on R&D expenses
  • 20% enhanced equipment depreciation
  • $10,000 small business bonus
  • Stackable with other deductions
Note: This calculator provides estimates based on the Big Beautiful Bill provisions. Consult with a tax professional for specific advice regarding your business situation.