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Re: Why do I need Form 8995-A or 1040 Individual

I don't have any business income and I am filing as married filing jointly. So, why do I need these two forms?

 

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2 Replies
JotikaT2
Employee Tax Expert

Re: Why do I need Form 8995-A or 1040 Individual

It depends.

 

Did you have a Qualified Business Income Loss Carryover?  If so, this may be generating Form 8995-A.

 

Please see the attached link for more details on this form.

 

Draft Form 8995-A instructions

 

Form 1040 is your actual individual federal tax return.  This includes everything that is taxable or deductible that needs to be reported to the IRS. Form 1040 is used to report this activity for the year.

 

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Re: Why do I need Form 8995-A or 1040 Individual

I don't. but I was able to solve it.

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