Net income from a US trade or business operated as a sole proprietorship, partnership, or S-Corp. Some REIT dividends and publicly traded partnership income qualify too.
Wages, capital gains, interest, and dividends do not. Nor does income from a C-Corp, since it is taxed at the entity level. Our Form 8995 guide covers what counts.
Inkle Tax prepares and files US federal and state returns for your company.
Full guide
Form 8995-A: What You Need to Know
