Form 8995
Department of the Treasury
Internal Revenue Service
Qualified Business Income Deduction
Simplified Computation
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Attach to your tax return.
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Go to www.irs.gov/Form8995 for instructions and the latest information.
OMB No. 1545-0123
2019
Attachment
Sequence No.
55
Name(s) shown on return Your taxpayer identification number
1
(a) Trade, business, or aggregation name (b) Taxpayer
identification number
(c) Qualified business
income or (loss)
i
ii
iii
iv
v
2
Total qualified business income or (loss). Combine lines 1i through 1v,
column (c) . . . . . . . . . . . . . . . . . . . . . .
2
3
Qualified business net (loss) carryforward from the prior year
. . . . . . . 3 ( )
4
Total qualified business income. Combine lines 2 and 3. If zero or less, enter -0-
4
5 Qualified business income component. Multiply line 4 by 20% (0.20) . . . . . . . . . . . 5
6
Qualified REIT dividends and publicly traded partnership (PTP) income or (loss)
(see instructions) . . . . . . . . . . . . . . . . . . . . 6
7
Qualified REIT dividends and qualified PTP (loss) carryforward from the prior
year . . . . . . . . . . . . . . . . . . . . . . . . .
7 ( )
8
Total qualified REIT dividends and PTP income. Combine lines 6 and 7. If zero
or less, enter -0- . . . . . . . . . . . . . . . . . . . .
8
9 REIT and PTP component. Multiply line 8 by 20% (0.20) . . . . . . . . . . . . . . . 9
10 Qualified business income deduction before the income limitation. Add lines 5 and 9 . . . . . . 10
11 Taxable income before qualified business income deduction . . . . . . 11
12 Net capital gain (see instructions) . . . . . . . . . . . . . . . 12
13 Subtract line 12 from line 11. If zero or less, enter -0- . . . . . . . . 13
14 Income limitation. Multiply line 13 by 20% (0.20) . . . . . . . . . . . . . . . . . . 14
15
Qualified business income deduction. Enter the lesser of line 10 or line 14. Also enter this amount on
the applicable line of your return . . . . . . . . . . . . . . . . . . . . . .
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15
16 Total qualified business (loss) carryforward. Combine lines 2 and 3. If greater than zero, enter -0- . . 16 ( )
17 Total qualified REIT dividends and PTP (loss) carryforward. Combine lines 6 and 7. If greater than
zero, enter -0-
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 ( )
For Privacy Act and Paperwork Reduction Act Notice, see instructions.
Cat. No. 37806C
Form 8995 (2019)
