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Level 1
March 31, 2023
Question

IRS continually rejects Form 8995

  • March 31, 2023
  • 1 reply
  • 6 views

The IRS rejected my return because of an issue related to the Form 8995 Qualified Business Income Carryforward loss from my Schedule C business. I use TurboTax desktop. TurboTax instructed me to update the software, manually enter last year's carryforward loss (from 2021 Form 8995) in the 2022 Form 8995, and then resubmit the return. I did this--twice--and received two more rejections. The entries and calculations on Form 8995 appear to be correct. How do I proceed?

1 reply

Level 15
April 5, 2023

We'd love to help you complete your tax return, but need more information. Can you please clarify your question?

 

What exactly is the rejection message and/ or code your are receiving?

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