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 […]