3633190
I did not know to delete the 8995 tax form that populated on my return.
I had a 1040.
I had zero amount for qualified business income. Not using the business.
Taxable income populated 61,807 on line 11. Not sure where or how that amount was attained.
Please advise
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The amount on line 11, Form 8995 is taken from your Form 1040 to calculate your qualified business income deduction (QBID). If you do not have an amount on Line 15 or on Line 13, Form 1040 there is nothing to do.
If you do show an amount on your Form 1040, Line 13, then you should amend your tax return to remove Form 8995. Follow the instructions in the link below.
Use the link below to delete Form 8995 if you need to amend.
@normared1
[Edited: 04/07/2025 | 5:49 AM PST]
I called Turbo tax and resolved this issue.
Thanks.
My 1040, on lines 13 and 23 have zero amounts.
The 8995 has 61,807 on line 11, 13.
Line 14 has 12,361.
Line 17 has zero.
The system put those amounts in, I did not.
The most i made years ago was 500.00.
There needs to be an action made for this issue of automatically putting amounts on wages other than the 1040.
It auto populated.
Thanks.
On my 1040, line 15 has 61,807.
Line 13 has 0.
Please advise.
Thanks
Does form 8995 have an amount on line 15? That would be the deduction.
@normared1
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