The IRS has released draft instructions for Form 8995 (Qualified Business Income Deduction Simplified Computation). Individuals, estates, and trusts may use the form to calculate their Qualified Business Income (QBI) deduction under IRC Sec. 199A if their 2019 taxable income before the QBI deduction is less than or equal to $160,700 ($160,725 if married filing separately; $321,400 if married filing jointly) The draft instructions clarify that QBI is comprised of all items that relate to a qualified trade or business, including charitable contributions, unreimbursed partnership expenses, business interest expense, the deductible part of self-employment tax, the self-employment health insurance deduction, and contributions to qualified retirement plans. The draft instructions can be accessed at https://apps.irs.gov/app/picklist/list/draftTaxForms.html