Anybody else here who had Form 8995 erroneously attached to their Federal return and cannot delete it?

[jeannenem]

I have done as you described, but when I return to print menu, Form 8895 is still there.

I am using the deluxe version.

Any other thoughts on how to get around this issue.  This was a problem last year and the form truly was deleted once the option was selected.  This year it is working as it did before.

[JamesG1]

The Qualified Business Income Deduction can result from a sole proprietorship, partnership, S corporation, 1099-DIV, trust or estate. 

• The first component would likely be reported on Schedule C, Schedule E, Schedule F or a K-1.
• The second component could be reported on 1099-DIV or a K-1.  The REIT / PTP component can be generated from qualified real estate investment trust (REIT) dividends or qualified publicly traded partnership (PTP) income. 

If you can identify the source of the QBI from IRS Form 8995 or 8995-A, you can delete the income and re-enter or run through the TurboTax questions to make sure that the correct income entry has been made.

See this TurboTax Help.

[jeannenem]

I am using a downloaded TurboTax Deluxe program.  I can not follow your instructions for removing form 8995.  I have found the menu option to remove form 8995, but when I go back to print it, it is still there.  I did not review the return, I went straight to print.  Form 8995 is still there.  I have attempted this multiple times.  I need assistance.

[SForrestLO]

If you followed the process below and are still having issues, you can contact support.

This Turbo Tax FAQ will show you how to delete a form.
This FAQ will provide you with the steps to contact an agent.

@jeannenem

[Sunspot2]

I just printed my return and noticed you competed and attached Form 8995 as part of my documents to be

mailed to IRS.  I self manage my stock and bond portfolio with Vangusrd. I am unaware of any need for this

form. You have apparently added 9384 to my taxable income. 

[JamesG1]

IRS Form 8995 computes the Qualified Business Income Deduction and should reduce your tax burden by reporting a deduction on line 13 of the Federal 1040 tax return.

The first component of the deduction would likely be reported on Schedule C, Schedule E, Schedule F, a K-1, from a sole proprietorship, partnership, S corporation, trust or estate.

The REIT / PTP component can be generated from qualified real estate investment trust (REIT) dividends or qualified publicly traded partnership (PTP) income.  This component would be reported on 1099-DIV or a K-1.

If you can identify the source of the Qualified Business Income, you can delete the income or re-enter the income to make sure that the correct entry has been made.

See also this IRS Publication.

@Sunspot2

[djzmom77]

A Mac version of TurboTax will allow you to delete a form in the Forms mode.  
On the left side is a column, Tax Return, with a list of forms.  
If you click on the form you would like to remove a box should pop under the word Forms on the line that starts with TurboTax 
Click on the line in this box that starts with "Remove ______" and shows the form selected.
A new box will pop with information about all of the data being discarded, if you choose remove the form should be gone.  

[islandtimetu55]

2023 And still the same problem!

[JulieS]

In addition to owning a business, the are other reasons you may get a Qualified Business Income (QBI) deduction. Here are some of the investment items that trigger the QBI and Form 8995:

• Form 1099-DIV with an amount in box 5.
• Schedule K-1, box 20, code Z.
• Some rental and royalty activities.

You can delete Form 8995 if you truly have no business, no 1099-DIV, no K-1s, no rentals, no royalties, no REITs or self-employment. 

1. From inside the return, scroll down to Tax Tools on the bottom of the left side menu.
2. Select Tools.
3. Click on Delete a form (third on the list at the bottom of the screen).
4. Find Form 8995 on the list of forms.
5. Click Delete to the right.
6. Confirm your Delete.
7. Click Continue in the lower right. 
   
    

[islandtimetu55]

That doesn't work. Apparently if you buy the CD version of the software the problem doesn't exist. If you download the program you cannot delete the form.

[AliciaP1]

You can delete a form in any Windows desktop version of TurboTax by following these steps:

1. Within your return, click on the Forms icon in the upper right of the screen to switch to Forms mode.
2. Scroll down in the menu bar on the left and select your form.
3. Click the Delete Form button at the bottom left of the preview screen.
4. Confirm the deletion then click the Step-by-Step icon in the upper right of the screen.

If the Form 8995 does not "stay" deleted, it means you have entered Qualified Business Income (QBI) into your return via a Schedule C, Schedule E, Schedule F, or Schedule K-1 entry.  See What is the Qualified Business Income (QBI) deduction? for more information.

@islandtimetu55