JamesG1
Expert Alumni

Business & farm

Do you report any of the following on your tax return?

 

  • Self-employment income (including 1099-Misc reported income),
  • K-1,
  • 1099-Div box 5 income.

One of these items is generating the IRS form 8995.

 

If you are able to view IRS form 8995, the form will list the income that is generating the Qualified Business Income Deduction.

 

If you are able to remove that income, you should be able to remove the Qualified Business Income Deduction.  But I suspect that you qualify for the deduction under current tax law.

 

View the entries at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets.

 

See also this TurboTax Help.

 

@wrand0302 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post