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.
It is also possible to receive the QBI on rental property. Please see the following TurboTax Help article: Can I get the QBI deduction on rental income?
@mrochem
