Still have a bit of a question:
You mention that if Form 8995A is blank (no zeros) I don't need to include the form with the 2024 return. There is a loss carryforward on the 2023 return. Given the additional loss on Schedule C for 2024, am I "required" to add the loss to the carryforward from 2023 and file 8995A again for 2024?
I guess that my confusion stems from the fact that the Loss Netting and Carryforward page appears to be a part of 8995A, and only required if that form is filed. If that assumption is correct I can omit all three pages from the return for 2024 without the previous carryforward having any lingering impact?
Optimally, I would choose not to include the QBI Deduction (8995A) and the associated Loss Netting and Carryforward page and forget that they were included with the 2023 return.
Yes or no?
Thanks again!
