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Level 1
posted Jan 19, 2021 5:15:51 PM

I don’t want a tax deferral but it is making me wait anyway for the form.. Is there anyway to get past this?

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3 Replies
Expert Alumni
Jan 20, 2021 8:33:07 AM

All forms in a return interact with each other and there is something in your return that is triggering a particular form.   Can you please provide some more information on what form you are being asked to wait for?  

Level 1
Jan 20, 2021 9:03:38 AM

8995

Expert Alumni
Jan 20, 2021 9:35:17 AM

The form 8995 is used to figure your qualified business income (QBI) deduction.  This form can be triggered by the following:

  • Business income (1099 income);
  • An amount in box 5 of a form 1099-DIV; or
  • Form K1 from a Public Traded Partnership.

 

If you do not have any of these types of income, you can delete Form 8995 using the following steps:

  1. Click Tax Tools in the black bar on the left side of the screen. 
  2. Click Tools
  3. Click on Delete a form.
  4. Click the Delete box next to Form 8995.