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Tag: Form 8995-A

Form 8995-A Explained: Step-by-Step Instructions for Filing
  • By Ava Mitchell
  • June 22, 2024June 22, 2024
  • Leave a Comment on Form 8995-A Explained: Step-by-Step Instructions for Filing

Form 8995-A Explained: Step-by-Step Instructions for Filing

Form 8995-A is essential for taxpayers looking to claim the Qualified Business Income (QBI) Deduction under section 199A of the Internal Revenue Code. This deduction allows eligible business owners to deduct up to 20% of their qualified business income,

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