Hello ! What is Form 8995?

dk3moor · ‎January 6, 2020

JulieC14 · ‎January 6, 2020

IRS form 8995 is the Qualified Business Income Deduction Simplified Calculation. It would be used in your federal return if you have any Qualified Business Income. There are several forms that the IRS has not finalized yet for tax year 2019, and the form 8995 is one of them.

Here is more information about the Qualified Business Income Deduction: What is the Qualified Business Income (QBI) deduct ...

Plus, here is a list of current form availability in TurboTax: IRS forms availability table for TurboTax individual (personal) tax products

**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

JulieC14 · ‎January 6, 2020

IRS form 8995 is the Qualified Business Income Deduction Simplified Calculation. It would be used in your federal return if you have any Qualified Business Income. There are several forms that the IRS has not finalized yet for tax year 2019, and the form 8995 is one of them.

Here is more information about the Qualified Business Income Deduction: What is the Qualified Business Income (QBI) deduct ...

Plus, here is a list of current form availability in TurboTax: IRS forms availability table for TurboTax individual (personal) tax products

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

Expert does your taxes

Do it yourself

Resources

Support

Hello ! What is Form 8995?