QBI & Pass-Through Entities

QBI SSTB and Consulting Founder Guide (2025-2026)

11 min readArticle
Filing path

How to approach this

A source-based path from understanding the rule to filing and recordkeeping.

  1. Determine the requirement

    Confirm whether and how the rule applies to you.

  2. Identify the forms

    Map the requirement to the specific IRS forms involved.

  3. Prepare and file

    Complete the forms accurately and submit on time.

  4. Retain records

    Keep documentation supporting every figure you report.

Key formsIRS guidance

Key Takeaways

  • Consulting businesses are often SSTBs under the section 199A rules.
  • SSTB status matters most once taxable income rises above the threshold range.
  • Some SSTBs still qualify fully or partially at lower income levels.
  • A former employee who keeps providing the same services faces a three-year presumption problem.

Consulting founders often land in SSTB territory faster than they expect

The 2025 Instructions for Form 8995 say that an SSTB generally includes consulting, financial services, brokerage services, and certain businesses built around the reputation or skill of owners. That means a founder running a high-margin advisory practice or a brand-based solo business may be inside the specified service rules even if the business feels like a normal agency or consultancy.

This is one of the biggest section 199A traps for service founders. The business is real, profitable, and active, but its category still matters.

The threshold and phase-in rules decide how damaging SSTB status becomes

The Form 8995 instructions say that if taxable income is at or below the threshold, an SSTB is treated as a qualified trade or business. If income is above the threshold but within the phase-in range, only an applicable percentage is treated as qualified. That is why some consulting founders still get a deduction while others see it shrink or disappear.

The label 'SSTB' is not the end of the analysis. The income level decides how much the label hurts.

Former employees face a separate presumption problem

The instructions also say that if a person was previously an employee of a business and continues to provide substantially the same services after no longer being treated as an employee, there is a presumption for three years that the services are still being provided as an employee for section 199A purposes. That can matter when founders convert from payroll to contractor or partnership status and expect instant QBI treatment.

If that fact pattern exists, contracts and operational evidence need to support the nonemployee position.

Frequently Asked Questions

Is consulting automatically an SSTB for QBI purposes?

Generally yes. The Form 8995 instructions list consulting among the service fields that are treated as SSTBs.

Can an SSTB still qualify for QBI?

Yes. The instructions say an SSTB can still be treated as a qualified trade or business if taxable income is at or below the threshold and may qualify partially within the phase-in range.

Why does former-employee status matter for QBI?

Because the Form 8995 instructions create a three-year presumption that substantially similar services are still employee services for section 199A purposes unless the taxpayer can rebut it.

QBIqualified business incomepass-throughsection 199A

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