Form 8995 Qualified Business Income Deduction Simplified Computati

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Form

8995

Department of the Treasury
Internal Revenue Service

Qualified Business Income Deduction
Simplified Computation
▶ Attach

to your tax return.
▶ Go to www.irs.gov/Form8995 for instructions and the latest information.

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2019

Attachment
Sequence No. 55

Your taxpayer identification number

Name(s) shown on return

1

OMB No. XXXX-XXXX

DRAFT AS OF
July 25, 2019
DO NOT FILE
(a) Trade, business, or aggregation name

(b) Taxpayer
identification number

(c) Qualified business
income or (loss)

Total qualified business income or (loss). Combine lines 1i through 1v,
column (c)
. . . . . . . . . . . . . . . . . . . . . .
2
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 -0Qualified business income component. Multiply line 4 by 20% (0.20) . . . . . . . . . . .
5
Qualified REIT dividends and publicly traded partnership (PTP) income or (loss)
(see instructions) . . . . . . . . . . . . . . . . . . . .
6
Qualified REIT dividends and qualified PTP (loss) carryforward from the prior
year . . . . . . . . . . . . . . . . . . . . . . . . .
7 (
)
Total qualified REIT dividends and PTP income. Combine lines 6 and 7. If zero
or less, enter -0- . . . . . . . . . . . . . . . . . . . .
8
REIT and PTP component. Multiply line 8 by 20% (0.20) . . . . . . . . . . . . . . .
9
Qualified business income deduction before the income limitation. Add lines 5 and 9 . . . . . .
10
Taxable income before qualified business income deduction . . . . . .
11
Net capital gain (see instructions) . . . . . . . . . . . . . . .
12
Subtract line 12 from line 11. If zero or less, enter -0- . . . . . . . .
13
Income limitation. Multiply line 13 by 20% (0.20) . . . . . . . . . . . . . . . . . .
14
Qualified business income deduction. Enter the lesser of line 10 or line 14. Also enter this amount on
the applicable line of your return . . . . . . . . . . . . . . . . . . . . . . ▶
15
Total qualified business (loss) carryforward. Combine lines 2 and 3. If greater than zero, enter -0- . .
16 (
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

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Form 8995 (2019)