Question

An extra business is showing up on Form 8995 with all values as 0's. I removed all self-employ content. It seems to be a "phantom" from previous entries. How to remove?

Forum|Forum|4 years ago
March 6, 2022
1 reply
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I had entered my Farm Rental under Schedule E

TurboTax Self Employed Online

Kat11_2

Employee

See if you can delete Form 8995 from your return by following the instructions I'm linking below.

How do I view and delete forms in TurboTax Online?

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***

B

brettjnsAuthor

Thanks Kat. The problem is that I need Form 8995 for a rental I own. But somehow a previous entry is showing up, therefore 2 rentals except one is just showing zeros. I can't find this phantom business anywhere to delete. If I delete 8995, it just shows back up again when generating the return.

Kat11_2

Employee

@brettjns What type of business was the other business that you think is the phantom business?

If it was a Schedule C business, you'll need to properly "dispose" of this business. See the info I'm linking below to delete a Schedule C that transferred over?

How do I delete a prior-year Schedule C business that transferred over?

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***