Deductions & credits

"It's my understanding that SSTBs are specifically excluded from eligibility for the deduction." 

You misunderstand SSTBs can get the199A deduction but the computation is more complicated than for non SSTBs if taxable income exceeds the threshold of taxable income of $340,100. the QBI computation is done on form 8995 if your taxable income is below $340,100 otherwise form 8995-A is used. By taxable income I mean the amount before the QBI deduction

 

example taxable income before QBI $300K

SSTB S-Corp QBI income $250K 

taxpayer gets a QBI deduction of $50K

 

same as above except taxable income before QBI $350K

taxpayer gets a QBI deduction of $40.59K

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