Compute Form 8995 QBI deduction drafts from pass-through income data.
npx skills add https://github.com/jupid-tax/jupid-skills --skill form-8995
Please help me install this Agent Skill. Skill: form-8995 Source: https://github.com/jupid-tax/jupid-skills/tree/main/forms/form-8995 Command: npx skills add https://github.com/jupid-tax/jupid-skills --skill form-8995
This skill produces an audit-grade draft of Form 8995 (the simplified §199A computation) from the user's pass-through income data, applying the required §199A adjustments and carryforwards to ensure compliance and audit-readiness.
Provide pass-through income data (Schedule C profit, K-1 QBI, REIT/PTP dividends) and run to generate an audit-grade Form 8995 draft.
High-intent search queries and answers about installing and using this skill.
To calculate the QBI deduction, the skill computes QBI from Schedule C profit, K-1 QBI, and REIT/PTP dividends, applying required §199A adjustments and loss carryforwards to generate an audit-ready Form 8995 draft.
Form 8995 is used for the simplified §199A computation to determine the Qualified Business Income deduction magnitude and eligibility for pass-through entities, outputting a draft ready to attach to Form 1040.
Yes, you can draft QBI deductions for S-corps and rental real estate by providing the specific pass-through income data, which the skill processes using year-specific thresholds to ensure compliance.
REIT and PTP dividends are handled as separate components within the §199A computation, aggregated alongside QBI from Schedule C and K-1 inputs to determine the total deduction magnitude.
Yes, the calculation enforces year-specific threshold rules and taxability checks to determine eligibility, surfacing validation warnings when inputs are incomplete or fall outside the scope.
Disallowed QBI losses are carried forward to subsequent tax years; the skill handles these loss carryforwards and includes them in the validation summary and next-step notes for the following year.
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