Form 8995-A: UBIA not included

[got_taxes]

Form 8995-A Part II Line 7: all of the UBIA entries are $0 (calculated) even though there is a non-zero UBIA entry for each QBI component. I checked the IRS instructions for Form 8995-A and don’t see any reason for this. What’s going on?

[got_taxes · Accepted solution]

My mistake. Form 8995-A Line 3 says to skip Lines 4-12 if taxable income is less than $160k. TurboTax is handling this correctly.

[taxmaven5]

where do I find the input for Form 8995-A Part II?

[Mike9241]

if the source is any Form 1040 schedule C, E, F, 4835 it should be automatic if the activity is indicated as qualifying for QBI treatment

for k-1's there is a separate section in the Turbotax k-1 worksheet to enter the QBI info (1065 - box 20, 1120-S - box 17, 1041 - box 14).  Note just entering the box info won't generate QBI  - it must be entered in the QBI section