The form 8995 is used to figure your qualified business income (QBI) deduction. If you have a business (Schedule C or Schedule F), Rent or Royalties (Schedule E) or Partnership, S-Corp, Estate or Trust (Schedule K-1), those could each trigger the form 8995.
When you enter your income information, a QBI will be calculated if you qualify.
Finding QBI:
- Open your return.
- Search for qbi in the search box.
- Click on jump to qbi link.
TurboTax Online
- Open your return.
- Click on Tax Tools (left side of page).
- Click on Print Center.
TurboTax Desktop:
- Open your return.
- Click on Forms (upper right corner).