SCHEDULE C
(Form 8995-A)
2020
Loss Netting and Carryforward
Department of the Treasury
Internal Revenue Service
Attach to Form 8995-A.
Go to www.irs.gov/Form8995A for instructions and the latest information.
OMB No. 1545-2294
Attachment
Sequence No.
55D
Name(s) shown on return
Your taxpayer identification number
If you have more than three trades, businesses, or aggregations, complete and attach as many Schedules C as needed. See instructions.
1
( )
( )
( )
Trade, business, or aggregation name
(a) Qualified
business
income/(loss)
(b) Reduction for
loss netting
(see instructions)
(c) Adjusted qualified
business income
(Combine (a) and (b).
If zero or less,
enter -0-.)
2 Qualified business net (loss) carryforward from prior years. See instructions . . . . . . . . .
2
( )
3
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations . . . . . . . . . . . . . .
3
( )
4
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations . . . . . . . . . . . . . . . . . . .
4
5
Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b). See instructions . . . . . . . . . . . .
5
( )
6 Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0- . .
6
( )
For Privacy Act and Paperwork Reduction Act Notice, see separate instructions.
Cat. No. 72684K Schedule C (Form 8995-A) 2020