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House bill 10 o 1 introduced to require add-back of federal QBI deduction for state taxable income
Summary
The Senate record for Aug. 22, 2025, includes the introduction of "House bill 10 o 1," described in the record as requiring certain taxpayers to add back an amount equal to their federal qualified business income deduction under Internal Revenue Code section 199A for purposes of state taxable income.
The Senate record for Aug. 22, 2025, includes the introduction of "House bill 10 o 1," described in the record as: "Concerning the requirement for certain taxpayers to add back an amount equal to their federal deduction for qualified business income allowed under section 199A of the federal internal revenue code of 1986 for purposes of determining their state taxable income."
Why it matters: The change would affect how…
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