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roblane32
New Member

It will not let me delete form 8995 or any of the others attached to it

I don't think I need it at all, but I have tried quite a bit to delete it, it just won't let me
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3 Replies

It will not let me delete form 8995 or any of the others attached to it

If you have a net profit from your self-employment then you are eligible for the Qualified Business Income Deduction reported on a Form 8995.

Form 8995 Qualified Business Income Deduction is estimated to be finalized and available in TurboTax on 01/26/2023.

 

Note - The IRS will not be accepting any tax returns until 01/23/2023

CarissaM
Expert Alumni

It will not let me delete form 8995 or any of the others attached to it

To delete the form in Turbo Tax Online, please follow the instructions on How to Delete a Form

 

Please note, QBI can come from stock market investments (what it is named for), K-1 forms, rental houses, and businesses. Did you have none of the above? @roblane32

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KD1986
New Member

It will not let me delete form 8995 or any of the others attached to it

Does anyone know if the QBI deduction is being factored into the tax refund calculation? Or will it not calculate until the form is finalized on 1/26?

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