drositano
Returning Member

Why is TT generating a Form 8995 when I am not a business and have no loss carry forward??

I am not self-employed and the only income I had in 2023 was from early IRA withdrawals.  The only other income I reported as a rebate from my local water company for a lawn conversion rebate of like $1100.  Somehow, TT has generated a form 8995 with a $4K  loss carry forward and I cannot figure out why it did it or if I need to correct something.  I did not enter anything incorrectly, all of the income was scraped by TT diretly from 1099s that my financial institution sent when I did the wirhdrawals,  I did not even do my taxes last year because I wasn't working.  I am not going to go in and just delete form 8995 as I fully realize all of these forms are connected to inputs.  I also don't want this to trigger an audit for an invalid reason.   I saw another post about this a month ago and the person got no resolution - there are a number of past posts as well with also no resolution.  Why is the qualified business form being created and should I leave it or??