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New Member
posted Feb 3, 2021 1:52:55 PM

How do I delete form 8995?

I have no expenses that would cause form 8995 to populate (Sched k-1). I just want to delete form 8995.

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3 Replies
Level 15
Feb 3, 2021 2:02:42 PM

Use the instructions in the TurboTax FAQ I'm linking below to delete your unwanted form.

 

How do I view and delete forms in TurboTax Online? 

Level 15
Feb 3, 2021 3:03:57 PM

Form 8995 will also be created if you have section 199A dividends reported in box 5 of your 1099-DIV form, and the form will be re-created every time you try to delete it.  You can zero out box 5 of your 1099-DIV if you want to, since those dividends are also included in the box 1 amount. However, form 8995 may be giving you a small deduction from those section 199A dividends.

Level 15
Feb 3, 2021 3:34:07 PM

Thanks so much, @Opus 17 !