New
Missouri S Corporations need a form 8995 or 8995-A to generate in order to complete line 4 of the MO-PTE
The instructions for line 4 of the MO-PTE indicate that the S corporation or partnership should calculate the entity's federal qualified business income deduction as if it was allowed to take such deduction for federal tax purposes. The instructions further state that the entity should attach a pro forma federal Form 8995 or Form 8995-A showing the calculation of the federal qualified business income deduction. Will Lacerte be updating software to include this form and the related calculation?
