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How to Calculate and Claim the Section 199A QBI Deduction for a Texas LLC Taxed as an S Corporation in 2026

The Section 199A Qualified Business Income (QBI) deduction can reduce a Texas LLC’s pass-through income by up to 20% on a 2026 federal return, even if the LLC is taxed as an S corporation. Because Texas has no individual income tax, the primary savings is federal—and the S-corp wage structure becomes the key limiter. This […]

How to Qualify for the IRS Qualified Small Business Stock (QSBS) 1202 Exclusion When Selling a C-Corp in 2026

Business Tax Law / Jack Gilbert

If you meet IRC §1202’s QSBS rules, you can exclude up to 100% of gain—capped at the greater of $10 million or 10× your basis—when you sell eligible C‑corp stock in 2026. The exclusion is powerful but technical, and small missteps in entity structure, assets, redemptions, or holding period can destroy eligibility. This article explains

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