When will turbo tax show form 8995, the qualified business income deduction? That is not showing up on my return

[Irene2805]

Forms 8995 and 8995-A, the forms used to to calculate the amount of QBID, are not final yet.  TurboTax will update the program after the IRS finalizes their instructions.  After that update you should see the QBID on your tax return and you will be able to file.

For current information on forms availability, please click on this link:  Federal forms availability   [Note:  Forms 8995 and 8995-A might appear at the bottom of the list, not necessarily in numerical order. ]

[ANNE IN MAINE]

When will I be able to report Section 179 deduction for form 8995?  I keep getting error message that Section 179 deduction is not yet supported for QBI determination----when will it be supported??

[MaryK4]

The IRS has changed the date for the Form 8995-A until 2/28/20.  Unfortunately, you will not be able to file until they finalize the forms.  I understand how inconvenient this is, but TurboTax will update as soon as we can. 

@ANNE IN MAINE 

[TAXEDTOMAX]

Form 8995A, Schedule B does not show up in either the Turbo Tax "available" list of forms, or in the list of "unsupported" forms. It can be filled out in the program, but not efiled, preventing the entire return from being efiled. So, need to know when or if the Schedule B form with ever be available in a manner to allow e-filing.

[roberth3l3n]

I just updated my software based on your message and after it tells me my software is up to date, IRS Form 8995 is yet again not updated. I have received at least 3 previous messages over the past 3 months telling me that this form has been updated. I guess that your system automatically kicks a message after a prescribed period of time after a customer requests this update which informs the customer that the software has been updated and customers should, once again,  go update their system. This latest update attempt says that the installed software is up to date but unfortunately IT HAS NOT BEEN UPDATED FOR FORM 8995. What is going on? This is one disappointment after another. I am still waiting to complete my tax return for 2019. Is this going to be the same for the 2020 tax season??????

[roberth3l3n]

Received 10/21/20 email from support and  I just tried to update the software based on your message and the update process tells me the software is up to date, IRS Form 8995 is yet again not updated. I have received at least 3 previous messages over the past 3 months telling me that this form has been updated. I guess that your system automatically kicks a message after a prescribed period of time after a customer requests this update which informs the customer that the software has been updated and customers should, once again,  go update their system. This latest update attempt says that the installed software is up to date but unfortunately IT HAS NOT BEEN UPDATED FOR FORM 8995. What is going on? This is one disappointment after another. I am still waiting to complete my tax return for 2019. Is this going to be the same for the 2020 tax season??????

[Critter-3]

Both those forms have been operational for months ... so you must be having updating issues.

Open TurboTax and select Check for Updates from the Online menu near the top. On a Mac, simply quit and reopen TurboTax. If there are any updates, you'll be prompted to download them.

Tips:

• It's best to use a wired, high-speed connection when updating, both to save time and minimize data corruption.
• If your connection drops in the middle of the update, try again; it should pick up where it left off.
• If you're having trouble updating on your PC, try a manual update.

Related Information:

• Troubleshoot TurboTax for Windows updating issues
• Troubleshoot TurboTax for Mac updating issues
• What is a manual update?

[Critter-3]

Also to note ... updates for the WIN 10 OS that are uninstalled can stop the program from updating ... check your WIN updates and restart the computer until all of them are installed ... some have said it takes more than 3 reboots at times.