The QBI Deduction for Freelancers: What Changed in 2026
In short: The QBI deduction lets many US freelancers deduct 20% of their qualified business income, itemizing or not, and it is now permanent. For the 2026 tax year, anyone with at least $1,000 of qualified business income from an active trade or business gets a minimum deduction of $400, and the phase-in ranges for higher earners widened to $75,000 ($150,000 for married filing jointly).
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