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Level 1
April 30, 2026
Question

noticed my tax return has form 8995 but im not a business owner, i also noticed form 1040nes payment vouchers, why did i get those included in my return?

  • April 30, 2026
  • 2 replies
  • 216 views
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2 replies

Mike9241
Level 15
Level 15
April 30, 2026

Did you have income from a publicly traded partnership (k-1) or 199A (REIT) dividends line 5 of the 1099-DIV.

Those qualify for the QBI deduction calculated on the form. Review the form to see what is generating it.

1040-NES sounds like a state estimated tax payment voucher (without the N it would be the Federal form)

if it is a state, not sure which. What has happened is that TurboTax calculated that the taxes you would owe to that tax authority next year exceed the withholding for that tax entity, which could result in underpayment penalties. The payment amounts and dates are listed in the TurboTax instructions. 

 

 

 

Mike9241
PatriciaV
Level 15
April 30, 2026

Forms 1040-ES are provided for your convenience in paying estimated taxes for the next year. If you owed taxes or didn't withhold enough on your current tax return, TurboTax will prepare these forms for you. If you don't plan to make estimated tax payments, you can ignore the 1040-ES.

 

You may need to review Form 8995 to see why it was included in your return. The source of QBI appears under Line 1. It's possible you entered income from other sources that qualify.

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