Main Street Tax Certainty Act

This bill seeks to make the deduction for qualified business income a permanent part of the Internal Revenue Code of 1986. Currently, this deduction, available to certain pass-through entities, is scheduled to expire, but this legislation aims to remove that expiration date. Specifically, the bill amends Section 199A of the Internal Revenue Code by striking subsection (i), which is the sunset provision. This action would ensure that eligible businesses, including sole proprietorships, partnerships, and S corporations, can continue to claim this significant tax benefit indefinitely, thereby providing long-term tax stability and support.