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January 19, 2022
Question

How do I delete Form 8995 from my 2021 taxes? (business closed in 2020)

  • January 19, 2022
  • 1 reply
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I already filed my 2020 taxes last year for when the business ended.  Now I can't file my taxes until Form 8995 is available, but there is no business left to wait for.  How do I let Turbotax know this?

1 reply

January 19, 2022

You can delete Form 8995 and move forward with your return. If you filed your return using TurboTax last year and then imported your tax information from last year, then your tax information will carry on from the prior year. If there are forms which you used in the prior year but no longer need it this year, then you can visit How do I view and delete forms in TurboTax Online for more information.

 

Additionally, please visit How do I delete a prior-year Schedule C business that transferred over? and you will find specific instructions on how to delete business that transferred over from your 2020 return but is no longer owned by you as of January 1, 2021.