turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jle7905
New Member

Qualified Business Income Deduction

TurboTax Home & Business is calculating the Qualified Business Income Deduction and filing Form 8995 even though I have no business income and do not qualify for this deduction.  How do I prevent TurboTax from calculating and filing this business deduction?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

Qualified Business Income Deduction

Do you have any 199A entries on any 1099-div or K-1 forms ? 

jle7905
New Member

Qualified Business Income Deduction

I do have a small amount of 199A dividends but this is a personal return, not a business return.

Qualified Business Income Deduction

News flash ... you DO get it ... it is passed thru on the dividend statement.  If you do not want it then simply do not enter that amount from box 5. 

jle7905
New Member

Qualified Business Income Deduction

gotcha, thanks!

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question