Your understanding of the phase-out calculation is correct, but If you are reviewing your QBI for 2022, the limits you have listed are not correct. Also, the limit is based on taxable income before the QBI deduction and not AGI.
To see an example of the calculations, scroll down to "How is the deduction calculated? (Not for the faint of heart!)" at What is the Qualified Business Income (QBI) deduction?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
