Form 8995-A (Schedule B)

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Get your Form 8995-A (Schedule B) in 3 easy steps

  • 01 Fill and edit template
  • 02 Sign it online
  • 03 Export or print immediately

1. What is the 8995-A form?

The fillable 8995-A form is also known as a qualified business income deduction. The form is used for calculating the qualified business income deduction. There are A, B, C, and D schedules for specific cases. The 8995 form is similar to the 8995-A but simplified. They both are used for QBID calculations.

2. What I need the 8995-A form for?

  • An individual can download the 8995-A form if they want to find out QBID, amount of dividends, and possible losses;
  • Calculate the capital gains. For this, you have to enter the adjustment amount;
  • Receive detailed information on the tax income;
  • Find out how much your business has gained this year or will gain in the upcoming one;
  • You can use the simplified 8995 form if the taxable income equals or is below $326600 MFJ filing status, $163300 for a single, widow(er), or head of the household. But only if a payer of taxes is not the patron of the cooperative.

3. How to fill out the 8995-A form?

You can find the blank of the 8995-A form Schedule B on this page. It is available in pdf, and you can download it in one click on your computer and print it afterward. It contains only one page. The form is free of charge. Follow these step by step instructions:

  • Indicate your name and taxpayer identification number;
  • Describe the aggregated business or trade. Explain the factors that allow the aggregation and make it compatible with the rules of the 1.199A-4 Regulations section. You also have to add the online or printed copy of the RPE aggregations to this form if you hold an indirect or direct interest in RPE;
  • If the business or trade aggregation was changed during the year, you have to mention it;
  • Name your business or trade;
  • Calculate totals.

4. Organizations that work with the 8995-A form

  • You can file it to the IRS.
Fillable online Form 8995-A (Schedule B)
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