Qualified Business Income Deduction

Deduction for Qualified Business Income (Form 8995 and Form 8995-A)

Documents and Forms

Document Name Document Type
Form 8995 Qualified Business Income Deduction Form
i8995--2021 draft.pdf Instruction
i8995--2021 draft.pdf Instruction
i8995-a--2021-00-00_draft.pdf Instruction
i8995-a--2021-00-00_draft.pdf Instruction
8995 Qualified Business Income Deduction Simplified Computati f8995--2021-00-00_draft.pdf Form
8995 Qualified Business Income Deduction Simplified Computati f8995--2021-00-00_draft.pdf Form
8995-A Qualified Business Income Deduction f8995-a--2021-00-00_draft.pdf Form
8995-A Qualified Business Income Deduction f8995-a--2021-00-00_draft.pdf Form
8995-A Schedule A Specified Service Trades or Businesses f8995-a_schedule_a--2021-00-00_draft.pdf Form
8995-A Schedule A Specified Service Trades or Businesses f8995-a_schedule_a--2021-00-00_draft.pdf Form
8995-A Schedule B Aggregation of Business Operations f8995-a_schedule_b--2021-00-00_draft.pdf Form
8995-A Schedule B Aggregation of Business Operations f8995-a_schedule_b--2021-00-00_draft.pdf Form
8995-A Schedule C Loss Netting and Carryforward f8995-a_schedule_c--2021-00-00_draft.pdf Form
8995-A Schedule C Loss Netting and Carryforward f8995-a_schedule_c--2021-00-00_draft.pdf Form
8995-A Schedule D Special Rules for Patrons of Agricultural or Horticultur f8995-a_schedule_d--2021-00-00_draft.pdf Form
8995-A Schedule D Special Rules for Patrons of Agricultural or Horticultur f8995-a_schedule_d--2021-00-00_draft.pdf Form

Information Collection (IC) Details

IC Title:	Qualified Business Income Deduction	Agency IC Tracking Number:

Is this a Common Form? No		IC Status: Modified

Obligation to Respond: Required to Obtain or Retain Benefits

CFR Citation: 26 CFR 1.199A-4

Information Collection Instruments:

Document Type	Form No.	Form Name	Instrument File	Available Electronically?	Can Be Submitted Electronically?	Electronic Capability
Form	8995	Qualified Business Income Deduction Simplified Computation	f8995--2021-00-00_draft.pdf	Yes	Yes	Fillable Fileable
Instruction			i8995--2021 draft.pdf	Yes	No	Printable Only
Form	8995-A	Qualified Business Income Deduction	f8995-a--2021-00-00_draft.pdf	Yes	Yes	Fillable Fileable
Form	8995-A Schedule A	Specified Service Trades or Businesses	f8995-a_schedule_a--2021-00-00_draft.pdf	Yes	Yes	Fillable Fileable
Form	8995-A Schedule B	Aggregation of Business Operations	f8995-a_schedule_b--2021-00-00_draft.pdf	Yes	Yes	Fillable Fileable
Form	8995-A Schedule C	Loss Netting and Carryforward	f8995-a_schedule_c--2021-00-00_draft.pdf	Yes	Yes	Fillable Fileable
Form	8995-A Schedule D	Special Rules for Patrons of Agricultural or Horticultural Cooperatives	f8995-a_schedule_d--2021-00-00_draft.pdf	Yes	Yes	Fillable Fileable
Instruction			i8995-a--2021-00-00_draft.pdf	Yes	No	Printable Only

Line of Business: General Government

Subfunction: Taxation Management

Privacy Act System of Records
Title: IRS 24.030--Customer Account Data Engine Individual Master File, formerly Individual Master File, and IRS 34.037--IRS Audit Trail and Security Records System	FR Citation: 83 FR 42980

Number of Respondents: 41,426,000	Number of Respondents for Small Entity: 0

Affected Public: Individuals or Households

Percentage of Respondents Reporting Electronically: 90 %

	Approved	Program Change Due to Agency Discretion	Change Due to Adjustment in Agency Estimate	Previously Approved
Annual Number of Responses for this IC	41,426,000	40,794,000	622,000	10,000
Annual IC Time Burden (Hours)	336,107,360	331,247,360	4,830,000	30,000
Annual IC Cost Burden (Dollars)	0	0	0	0

Documents for IC

Title	Document	Date Uploaded
No associated records found

Blank fields in records indicate information that was not collected or not collected electronically prior to July 2006.