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bentod139
New Member

I got unnecessary Qualified Business Income Deduction - how to remove it?

 
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ThomasM125
Expert Alumni

I got unnecessary Qualified Business Income Deduction - how to remove it?

You can delete form 8995, QBI Income Deduction, simplified calculation as follows:

 

1. Choose the Tax Tools option on your left menu bar while working on your return

2. Choose Tools

3. Choose the Delete a form option under Other Helpful links 

4. Find the Form 8995 in the list of forms and delete it


 

 

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I got unnecessary Qualified Business Income Deduction - how to remove it?

One situation where you would be entitled to it is if you received 199A dividends from a REIT. The dividend amount would be on line 5 on the 1099-DIV.  

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