This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 8995-A Schedule C for the current year.
This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. The document is a supplement to IRS Form 8995-A, Qualified Business Income Deduction. As of today, no separate filing guidelines for the form are provided by the IRS.
Q: What is IRS Form 8995-A?
A: IRS Form 8995-A is a schedule used to calculate the netting and carryforward of Schedule C losses.
Q: What is Schedule C?
A: Schedule C is a tax form used by self-employed individuals to report their business income and expenses.
Q: What is netting?
A: Netting is the process of combining income and losses to determine the overall tax liability.
Q: What is carryforward?
A: Carryforward is the ability to offset current or future tax liabilities with losses from previous years.
Q: Who should file Form 8995-A?
A: Individuals who have Schedule C losses and want to calculate the netting and carryforward should use Form 8995-A.
Q: Do I need to file Form 8995-A every year?
A: No, you only need to file Form 8995-A if you have Schedule C losses and want to calculate the netting and carryforward.
Form Details:
Download a fillable version of IRS Form 8995-A Schedule C through the link below or browse more documents in our library of IRS Forms.