How Section 199A Saves Small Business Owners Thousands in 2026

The Qualified Business Income deduction (Section 199A) lets many small business owners deduct up to 20% of their pass-through income. But the rules get tricky: specified service businesses like doctors and lawyers face phaseouts above certain income thresholds, and even trades like manufacturing are limited by wages and property. In this episode, Lucas and Luna break down exactly how the deduction works for a real-world example—a married plumber earning $300,000 who can claim a $60,000 deduction, saving over $15,000 in taxes. They also cover the phaseout ranges for 2026, the wage and property limitations, and why high-earning professionals may lose the deduction entirely. If you own a business as a sole proprietor, LLC, or S-corp, this is the tax break you cannot afford to ignore. #TaxStrategy #SmallBusiness #QBI #Section199A #TaxDeduction #PassThrough #BusinessTax #Finance #Business #FexingoBusiness #BusinessPodcast #TaxPlanning #SelfEmployed #LLC #Partnership #SoleProprietor #QualifiedBusinessIncome #TaxTips Keep every episode free: buymeacoffee.com/fexingo