topic Re: Why do I have form 8995 generated? in Get your taxes done using TurboTax

Why do I have form 8995 generated?

dan222 — Mon, 09 Mar 2026 08:21:00 GMT

Re: Why do I have form 8995 generated?

MayaD — Fri, 11 Mar 2022 14:35:29 GMT

You might use Form 8995 if:

You have a business.
Received K-1 form.
Have a rental activity
Received REIT dividend.

Taxpayers use Form 8995 to figure their qualified business income (QBI) deduction. Individual taxpayers and some trusts and estates may be entitled to a deduction of up to 20% of their net QBI from a trade or business, including income from a pass-through entity, but not from a C corporation, plus 20% of qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income. Instructions for Form 8995 (2021)

Re: Why do I have form 8995 generated?

sundrop022 — Sat, 12 Mar 2022 20:17:51 GMT

I did not enter in any business income, so why is this form generating?

Re: Why do I have form 8995 generated?

DMarkM1 — Sun, 13 Mar 2022 13:06:39 GMT

Many times for those without a business or renal property an amount in Box 5 of a form 1099-Div causes the form generation.

The Form 8995 would generate if:

You have a business.
Received K-1 form.
Have a rental activity
Received REIT dividend (Box 5 on a form 1099-DIV).