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After you file

The form 8995 is used to figure your qualified business income (QBI) deduction.  This form can be triggered by the following:

  • Business income (1099 income);
  • An amount in box 5 of a form 1099-DIV; or
  • Form K1 from a Public Traded Partnership.

 

If you do not have any of these types of income, you can delete Form 8995 using the following steps:

  1. Click Tax Tools in the black bar on the left side of the screen. 
  2. Click Tools
  3. Click on Delete a form.
  4. Click the Delete box next to Form 8995.