AnnetteB6
Employee Tax Expert

After you file

Form 8995 is used to calculate and claim the Qualified Business Income (QBI) deduction.  Typically this form is triggered if you have income reported on Schedule C (Business Income and Expenses) or Schedule E (Rental Income and Expenses) that is eligible for the QBI deduction.

 

The questions related to QBI and the QBI deduction will show up when you are finished with the section of the return that may qualify for the QBI.  

 

For example, if you have a Schedule C included with your return, then when you are finished with entering everything related to the Schedule C and you click 'continue', you will see the QBI questions.  To go through them again, just edit the Schedule C and then click 'continue' to leave that section.  

 

If you have a Schedule E instead of Schedule C, edit the Schedule E and then click 'continue' to leave that section.

 

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