topic Delete Form 8995 in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/delete-form-8995/01/1398475#M507894 <P>I have tried everything the community suggests and nothing works to delete Form 8995.&nbsp; What am I supposed to do, use another tax provider.&nbsp; I figured I had better help with turbo tax, and I guess I don't. And according to your questions I am not the only one with the problem and Turbo Tax isn't helping.</P> Thu, 02 Apr 2020 22:00:15 GMT Levy1938 2020-04-02T22:00:15Z Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/delete-form-8995/01/1398475#M507894 <P>I have tried everything the community suggests and nothing works to delete Form 8995.&nbsp; What am I supposed to do, use another tax provider.&nbsp; I figured I had better help with turbo tax, and I guess I don't. And according to your questions I am not the only one with the problem and Turbo Tax isn't helping.</P> Thu, 02 Apr 2020 22:00:15 GMT https://ttlc.intuit.com/community/taxes/discussion/delete-form-8995/01/1398475#M507894 Levy1938 2020-04-02T22:00:15Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1398611#M507933 <P>I am sorry you are having trouble deleting Form 8995.&nbsp; Did you try these steps (you probably did... but just to make sure),</P> <OL> <LI> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">While in your&nbsp;<SPAN style="font-size:11pt"><SPAN style="color:black"><STRONG><SPAN style="font-family:Calibri,sans-serif">Tax Home,</SPAN></STRONG></SPAN></SPAN></SPAN></SPAN></SPAN></P> </LI> <LI> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Select&nbsp;</SPAN></SPAN><STRONG><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Tax Tools&nbsp;</SPAN></SPAN></STRONG><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">on the left hand side of your scree</SPAN></SPAN></SPAN></SPAN></SPAN></SPAN></P> </LI> <LI> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Select&nbsp;<SPAN style="font-size:11pt"><SPAN style="color:black"><STRONG><SPAN style="font-family:Calibri,sans-serif">Tools,</SPAN></STRONG></SPAN></SPAN></SPAN></SPAN></SPAN></P> </LI> <LI> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Select <STRONG>Delete a Form.</STRONG></SPAN></SPAN></SPAN></P> </LI> </OL> <P>&nbsp;</P> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Hope this helps!</SPAN></SPAN></SPAN></SPAN></SPAN></SPAN></P> Thu, 02 Apr 2020 22:27:29 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1398611#M507933 ReginaM 2020-04-02T22:27:29Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1399161#M508166 <P>Your answer did not help me.&nbsp; I do not have a Delete form under my tools.</P> Fri, 03 Apr 2020 00:49:44 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1399161#M508166 Levy1938 2020-04-03T00:49:44Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1399587#M508333 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Form 8995 is for Qualified Business Income deductions. What is driving this form on your return? If you have dividends reported in box 5 of a 1099-DIV, this may be creating the form for you. The dividends are already included as part of ordinary dividends in box 1, so they can be deleted out of box 5 if you would prefer to remove this form and not take the deduction.&nbsp;</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If you have several QBI Components (from Sched C or E) and are having trouble with the program bringing up unwanted schedules for Form 8995-A, try deleting the QBI Component Worksheet.&nbsp; The program will generate new Component Worksheets for EACH component.&nbsp; All schedules related to Form 8995-A will go away.</SPAN></SPAN></P> Fri, 03 Apr 2020 03:02:23 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1399587#M508333 VictoriaD75 2020-04-03T03:02:23Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1632254#M578712 <P>I have the same issue. Deleted a business from 2018, no qualifying QBI and still they won't get rid of 8995 for me and won't allow me to submit. I have a feeling it's either a glitch, or they're trying to force us to upgrade TurboTax versions *only* to be able to delete a form or something. Regardless of why, it's extremely annoying and now I'm going to have to find a way to submit on my own as TurboTax forum support is simply inadequate for situations like these. Terrible.</P> Sat, 13 Jun 2020 17:40:29 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1632254#M578712 ughwhy 2020-06-13T17:40:29Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1639624#M581308 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">It is possible you are receiving dividends from a <STRONG>REIT (Real Estate Investment Trust)</STRONG>, which qualifies for a <STRONG>Section 199A deduction</STRONG>. This does not mean you had Qualified Business Income (QBI), but you could qualify for the deduction. REIT dividends are reported on a Schedule K-1 or in box 5 of the 1099-DIV. The import from your mutual funds may have reported these transactions.&nbsp;</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If you have several QBI Components (from Sched C or E) and are having trouble with the program bringing up unwanted schedules for Form 8995-A, try deleting the QBI Component Worksheet.&nbsp; The program will generate new Component Worksheets for EACH component.&nbsp; All schedules related to Form 8995-A will go away.</SPAN></SPAN></P> <OL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Under <STRONG>Tax Tools</STRONG>, choose <STRONG>Tools</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Choose <STRONG>Delete a Form</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Scroll through your return until you find <STRONG>QBI worksheets</STRONG>, click <STRONG>Delete</STRONG> to the right of the form</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><STRONG>Confirm</STRONG> that you wish to delete the form</SPAN></SPAN></LI> </OL> Fri, 19 Jun 2020 12:57:40 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1639624#M581308 VictoriaD75 2020-06-19T12:57:40Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1640985#M581777 <P>Thank you for the reply. I do have a "0" value in 1099-DIV (though nothing else ever put in there in any year). I must have a glitch going somewhere. Any schedule C forms were deleted with removal of the business. It seems form 8995 remains but no ability to remove 1099-DIV value nor 8995. There are no other QBI forms to delete. It's just 8995 hanging blank and alone with no ability to move forward in the process. Seems I'll either need to start over entirely without importing from previous years, or print and send manually without involving TurboTax in the process at all as the program won't even let me move forward with sending offline.</P> Sat, 20 Jun 2020 22:08:01 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1640985#M581777 ughwhy 2020-06-20T22:08:01Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712551#M608970 <P>I too am having a similar issue. I think there is a glitch in the application. I had created Form 8995 by mistake, and am now unable to delete it. Having spend $70 + tax on this software, and unable to file your return is very annoying. I tried deleting the Form 8995 and its worksheet, but that option is not working. Does Turbo tax have any support to sort out these issues?</P><P>Thanks</P><P>&nbsp;</P> Tue, 25 Aug 2020 08:37:52 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712551#M608970 Rach_S 2020-08-25T08:37:52Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712560#M608972 <P>Maybe too late to be of any help to you. But this entry maybe coming from your 1099-DIV's Item 5 which reads as 'Section 199A'. This amount shows up on Form 8995, and you can update&nbsp; this entry to '0' and see Form 8995 go away. As long this entry (item 5) on 1099-DIV is there, Form 8995 cannot be deleted.&nbsp;</P> Tue, 25 Aug 2020 09:30:42 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712560#M608972 Rach_S 2020-08-25T09:30:42Z Re: Delete Form 8995 https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712831#M609043 <P>Thanks for the effort here, Rach_S. There may be another issue/solution you've found. For me, I think it was a bug of some kind, or an issue with other versions of the Turbotax software I had installed on the computer I was using. I had to try again from scratch and without importing on a new/reformatted machine and it ended up working without issue from there. Not ideal but satisfactory for this year. I do think stuff like this and intuit's poor support surrounding these issues is reason to switch to another product, or ideally reason to push congress away from taking their money to keep us paying for products like these instead of providing a cost-free filing option.&nbsp;<A href="https://www.propublica.org/series/the-turbotax-trap" target="_blank">https://www.propublica.org/series/the-turbotax-trap</A></P> Tue, 25 Aug 2020 20:59:17 GMT https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712831#M609043 ughwhy 2020-08-25T20:59:17Z
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topic Delete Form 8995 in Get your taxes done using TurboTax
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<link>
https://ttlc.intuit.com/community/taxes/discussion/delete-form-8995/01/1398475#M507894
</link>
<description>
<P>I have tried everything the community suggests and nothing works to delete Form 8995.&nbsp; What am I supposed to do, use another tax provider.&nbsp; I figured I had better help with turbo tax, and I guess I don't. And according to your questions I am not the only one with the problem and Turbo Tax isn't helping.</P>
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<pubDate>Thu, 02 Apr 2020 22:00:15 GMT</pubDate>
<dc:creator>Levy1938</dc:creator>
<dc:date>2020-04-02T22:00:15Z</dc:date>
<item>
<title>Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/delete-form-8995/01/1398475#M507894
</link>
<description>
<P>I have tried everything the community suggests and nothing works to delete Form 8995.&nbsp; What am I supposed to do, use another tax provider.&nbsp; I figured I had better help with turbo tax, and I guess I don't. And according to your questions I am not the only one with the problem and Turbo Tax isn't helping.</P>
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<pubDate>Thu, 02 Apr 2020 22:00:15 GMT</pubDate>
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<dc:creator>Levy1938</dc:creator>
<dc:date>2020-04-02T22:00:15Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1398611#M507933
</link>
<description>
<P>I am sorry you are having trouble deleting Form 8995.&nbsp; Did you try these steps (you probably did... but just to make sure),</P> <OL> <LI> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">While in your&nbsp;<SPAN style="font-size:11pt"><SPAN style="color:black"><STRONG><SPAN style="font-family:Calibri,sans-serif">Tax Home,</SPAN></STRONG></SPAN></SPAN></SPAN></SPAN></SPAN></P> </LI> <LI> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Select&nbsp;</SPAN></SPAN><STRONG><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Tax Tools&nbsp;</SPAN></SPAN></STRONG><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">on the left hand side of your scree</SPAN></SPAN></SPAN></SPAN></SPAN></SPAN></P> </LI> <LI> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Select&nbsp;<SPAN style="font-size:11pt"><SPAN style="color:black"><STRONG><SPAN style="font-family:Calibri,sans-serif">Tools,</SPAN></STRONG></SPAN></SPAN></SPAN></SPAN></SPAN></P> </LI> <LI> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Select <STRONG>Delete a Form.</STRONG></SPAN></SPAN></SPAN></P> </LI> </OL> <P>&nbsp;</P> <P><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:11pt"><SPAN style="color:black"><SPAN style="font-family:Calibri,sans-serif">Hope this helps!</SPAN></SPAN></SPAN></SPAN></SPAN></SPAN></P>
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<pubDate>Thu, 02 Apr 2020 22:27:29 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1398611#M507933
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<dc:creator>ReginaM</dc:creator>
<dc:date>2020-04-02T22:27:29Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1399161#M508166
</link>
<description>
<P>Your answer did not help me.&nbsp; I do not have a Delete form under my tools.</P>
</description>
<pubDate>Fri, 03 Apr 2020 00:49:44 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1399161#M508166
</guid>
<dc:creator>Levy1938</dc:creator>
<dc:date>2020-04-03T00:49:44Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1399587#M508333
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Form 8995 is for Qualified Business Income deductions. What is driving this form on your return? If you have dividends reported in box 5 of a 1099-DIV, this may be creating the form for you. The dividends are already included as part of ordinary dividends in box 1, so they can be deleted out of box 5 if you would prefer to remove this form and not take the deduction.&nbsp;</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If you have several QBI Components (from Sched C or E) and are having trouble with the program bringing up unwanted schedules for Form 8995-A, try deleting the QBI Component Worksheet.&nbsp; The program will generate new Component Worksheets for EACH component.&nbsp; All schedules related to Form 8995-A will go away.</SPAN></SPAN></P>
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<pubDate>Fri, 03 Apr 2020 03:02:23 GMT</pubDate>
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https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1399587#M508333
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<dc:creator>VictoriaD75</dc:creator>
<dc:date>2020-04-03T03:02:23Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1632254#M578712
</link>
<description>
<P>I have the same issue. Deleted a business from 2018, no qualifying QBI and still they won't get rid of 8995 for me and won't allow me to submit. I have a feeling it's either a glitch, or they're trying to force us to upgrade TurboTax versions *only* to be able to delete a form or something. Regardless of why, it's extremely annoying and now I'm going to have to find a way to submit on my own as TurboTax forum support is simply inadequate for situations like these. Terrible.</P>
</description>
<pubDate>Sat, 13 Jun 2020 17:40:29 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1632254#M578712
</guid>
<dc:creator>ughwhy</dc:creator>
<dc:date>2020-06-13T17:40:29Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1639624#M581308
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">It is possible you are receiving dividends from a <STRONG>REIT (Real Estate Investment Trust)</STRONG>, which qualifies for a <STRONG>Section 199A deduction</STRONG>. This does not mean you had Qualified Business Income (QBI), but you could qualify for the deduction. REIT dividends are reported on a Schedule K-1 or in box 5 of the 1099-DIV. The import from your mutual funds may have reported these transactions.&nbsp;</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If you have several QBI Components (from Sched C or E) and are having trouble with the program bringing up unwanted schedules for Form 8995-A, try deleting the QBI Component Worksheet.&nbsp; The program will generate new Component Worksheets for EACH component.&nbsp; All schedules related to Form 8995-A will go away.</SPAN></SPAN></P> <OL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Under <STRONG>Tax Tools</STRONG>, choose <STRONG>Tools</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Choose <STRONG>Delete a Form</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Scroll through your return until you find <STRONG>QBI worksheets</STRONG>, click <STRONG>Delete</STRONG> to the right of the form</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><STRONG>Confirm</STRONG> that you wish to delete the form</SPAN></SPAN></LI> </OL>
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<pubDate>Fri, 19 Jun 2020 12:57:40 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1639624#M581308
</guid>
<dc:creator>VictoriaD75</dc:creator>
<dc:date>2020-06-19T12:57:40Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1640985#M581777
</link>
<description>
<P>Thank you for the reply. I do have a "0" value in 1099-DIV (though nothing else ever put in there in any year). I must have a glitch going somewhere. Any schedule C forms were deleted with removal of the business. It seems form 8995 remains but no ability to remove 1099-DIV value nor 8995. There are no other QBI forms to delete. It's just 8995 hanging blank and alone with no ability to move forward in the process. Seems I'll either need to start over entirely without importing from previous years, or print and send manually without involving TurboTax in the process at all as the program won't even let me move forward with sending offline.</P>
</description>
<pubDate>Sat, 20 Jun 2020 22:08:01 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1640985#M581777
</guid>
<dc:creator>ughwhy</dc:creator>
<dc:date>2020-06-20T22:08:01Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712551#M608970
</link>
<description>
<P>I too am having a similar issue. I think there is a glitch in the application. I had created Form 8995 by mistake, and am now unable to delete it. Having spend $70 + tax on this software, and unable to file your return is very annoying. I tried deleting the Form 8995 and its worksheet, but that option is not working. Does Turbo tax have any support to sort out these issues?</P><P>Thanks</P><P>&nbsp;</P>
</description>
<pubDate>Tue, 25 Aug 2020 08:37:52 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712551#M608970
</guid>
<dc:creator>Rach_S</dc:creator>
<dc:date>2020-08-25T08:37:52Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712560#M608972
</link>
<description>
<P>Maybe too late to be of any help to you. But this entry maybe coming from your 1099-DIV's Item 5 which reads as 'Section 199A'. This amount shows up on Form 8995, and you can update&nbsp; this entry to '0' and see Form 8995 go away. As long this entry (item 5) on 1099-DIV is there, Form 8995 cannot be deleted.&nbsp;</P>
</description>
<pubDate>Tue, 25 Aug 2020 09:30:42 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712560#M608972
</guid>
<dc:creator>Rach_S</dc:creator>
<dc:date>2020-08-25T09:30:42Z</dc:date>
</item>
<item>
<title>Re: Delete Form 8995</title>
<link>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712831#M609043
</link>
<description>
<P>Thanks for the effort here, Rach_S. There may be another issue/solution you've found. For me, I think it was a bug of some kind, or an issue with other versions of the Turbotax software I had installed on the computer I was using. I had to try again from scratch and without importing on a new/reformatted machine and it ended up working without issue from there. Not ideal but satisfactory for this year. I do think stuff like this and intuit's poor support surrounding these issues is reason to switch to another product, or ideally reason to push congress away from taking their money to keep us paying for products like these instead of providing a cost-free filing option.&nbsp;<A href="https://www.propublica.org/series/the-turbotax-trap" target="_blank">https://www.propublica.org/series/the-turbotax-trap</A></P>
</description>
<pubDate>Tue, 25 Aug 2020 20:59:17 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/taxes/discussion/re-delete-form-8995/01/1712831#M609043
</guid>
<dc:creator>ughwhy</dc:creator>
<dc:date>2020-08-25T20:59:17Z</dc:date>
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