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Federal housing law

Form 8995-A (Schedule C) — Loss Netting And Carryforward

Federal housing law as enacted — verbatim and citable.

Edition
2026-10-03
Last updated
2026-10-04
Jurisdiction
United States
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Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f8995ac.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

SCHEDULE C (Form 8995-A) (Rev. December 2022)

Department of the Treasury Internal Revenue Service

Loss Netting and Carryforward

Attach to Form 8995-A. Go to www.irs.gov/Form8995A for instructions and the latest information.

OMB No. 1545-2294

Attachment Sequence No. 55D

Name(s) shown on return Your taxpayer identification number

If you have more than three trades, businesses, or aggregations, complete and attach as many Schedules C as needed. See instructions.

1 Trade, business, or aggregation name (a) Qualified
business
income/(loss)		 (b) Reduction for
loss netting
(see instructions)		 (c) Adjusted qualified
business income
(Combine (a) and (b).
If zero or less,
enter -0-.)
(
)		 (
)
(
)		 (
)
(
)		 (
)
2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2 (
)
2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 3 (
)
2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 4
2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 5 (
)
2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 2
Qualified business net (loss) carryforward from prior years. See instructions .
.
.
.
.
.
.
.
.
**3 **
Total of the trades, businesses, or aggregations losses. Combine the negative amounts on lines 1,
column (a), and 2 for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
**4 **
Total of the trades, businesses, or aggregations income. Add the positive amounts on line 1, column
(a), for all trades, businesses, or aggregations .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**5 **

Losses netted with income of other trades, businesses, or aggregations. Enter in the parentheses on
line 5 the smaller of the absolute value of line 3 or line 4. Allocate this amount to each of the trades,
businesses, or aggregations on line 1, column (b)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
**6 **
Qualified business net (loss) carryforward. Subtract line 5 from line 3. If zero or more, enter -0-
.
.		 **6 ** (
)

For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 72684K Schedule C (Form 8995-A) (Rev. 12-2022)

Exceptions & meaning →

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