Purpose of Form

Use Form 8990 to figure the amount of business interest expense you can deduct and the amount to carry forward to the next year. For more information, see Regulations sections 1.163(j)-1 through 1.163(j)-11.

year is carried forward to the following year as a disallowed business interest expense carryforward. However, see Special Rules for partnership treatment of disallowed business interest expense, later.