Form 8995 is "Qualified Business Income Deduction". I have no business or partnership or trust or estate eligible for it.
This form was triggered, in my case, by a box on my 1099-DIV for the mutual fund VTSAX. The box is "Section 199A" dividends. If you have business income you can take a deduction based on this amount. I do not qualify to take the deduction but in order to get rid of the form I would have to not report that Section 199A amount. Otherwise the form will not delete. There is no option in TurboTax to get rid of the form. You can't delete it unless you zero out that box from the 1099-DIV. Here is the most succint explanation I have found of what "The Qualified Business Income Deduction" is and who is eligible to take it. There should be an option in TurboTax to not send it if filing electronically.
https://www.policygenius.com/taxes/qbi-deduction/
