It depends. Are you self employed? If so, then this form applies to you. Make sure you don't need it before trying to delete it.
This form relates to the qualified business income deduction (QBID). See the instructions to see if it applies to you.
TurboTax Online:
- From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
- Select Tax Tools
- On the drop-down select Tools
- On the pop-up menu titled “Tools Center”, select View Tax Summary
- On the left sidebar, select Preview my 1040 - Scroll to line 13 to see your deduction.
Once your return is finished you can print Form 8995 to see the income and calculated deduction.
TurboTax Desktop:
- Select Forms in the top right
- Select the Form 1040 - Scroll to line 13 to see your deduction
- Select Form 8995 to see the income and the calculated deduction
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