- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The Form 8995 is required when you are reporting QBI income somewhere on your tax return. You do not enter this deduction, it is automatically calculated by TurboTax based on your other entries. So, if you don't have a Schedule C self-employed business or Schedule E rental reporting QBI, you should be able to find 1099-DIV box 5 Section 199A dividends, or a K-1 reporting qualified real estate investment trust (REIT) dividends or qualified publicly traded partnership (PTP) income.
If you are absolutely positive you have none of these, you should delete all QBI-related forms, starting with the QBI Component worksheets, then the QBI ded summary, and then the Form 8995 if it is still there.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 23, 2020
11:29 AM