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Why do I have a form 8995 this year?
I do not have a business or any business income. For some reason, TT is generating a Form 8995 for me. It reports my taxable income in lines 11 and 13 and then calculates the 20% for line 14. All other lines show 0. The only thing I found was a Forum comment regarding it being triggered by Form 1099-DIV, which I have and imported from Fidelity, and an amount for Section 199A Dividends which for me is $0.00. What else could be the cause? I didn't have a Form 8995 last year with TT. Should I just go ahead and file?
‎February 23, 2020
3:26 PM