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Employee Tax Expert

Get your taxes done using TurboTax

Without looking at actual entries, it is hard to tell why TurboTax is not pulling in the QBI numbers to form 8995-A. For 2023, do you have overall loss or there is a net business income when combined from different sources?

Also do you see form 8995 or not? Please note 8995-A might not be generated depending on certain situations. See below.

Purpose of Form

Use Form 8995-A to figure your qualified business income (QBI) deduction. Include the following schedules (their specific instructions are shown later), as appropriate:

  • Schedule A (Form 8995-A), Specified Service Trades or Businesses

  • Schedule B (Form 8995-A), Aggregation of Business Operations

  • Schedule C (Form 8995-A), Loss Netting and Carryforward

  • Schedule D (Form 8995-A), Special Rules for Patrons of Agricultural or Horticultural Cooperatives

https://www.irs.gov/instructions/i8995a