IRS Form: Qualified Business Income Deduction Comments Request Corrected (IRC §199A)

July 20, 2021, 5:00 AM

Comments request on Form 8995, Qualified Business Income Deduction Simplified Computation, and Form 8995-A, Qualified Business Income Deduction, corrected to update the estimated time per respondent and the estimated total annual burden hours, the IRS released. The forms are used to figure and report the qualified business income deduction. Comments are due by August 2, 2021. [IRS Comment Request, 86 Fed. Reg. __ (July 21, 2021)]

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