How to correct the answer to Item 6 in Qualified Business Income Deduction Summary

Forum|Forum|1 year ago
March 24, 2025
1 reply
0 views

The form when printed automatically checks the statement that I am using Form 8995. I need to use 8995-A but have been unable to correct the response to Item 6. The box should be "unchecked".

PatriciaV

Employee

Form 8995 is the default if you fall within the IRS rules:

Individuals and eligible estates and trusts that have QBI use Form 8995 to figure the QBI deduction if:

You have QBI, qualified REIT dividends, or qualified PTP income or loss (all defined later); and
Your 2024 taxable income before your QBI deduction is less than or equal to $383,900 if married filing jointly, and $191,950 for all other returns; and
You aren’t a patron in a specified agricultural or horticultural cooperative.

Otherwise, use Form 8995-A, Qualified Business Income Deduction, to figure your QBI deduction.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

Lme40Author

I appreciate your response however it does not solve my problem. The trust I am entering is a patron of an agricultural cooperative. Therefore I need to file a 8995-A. I cannot as line 6 is checked so that the program does not allow me to use 8995-A. So the question remains, how do I remove the checked block? I must have failed to answer a question correctly earlier in the program. Thanks

DawnC

Employee

Did you enter a 1099-PATR? Entering an amount in that field on the QBI Deduction Summary will generate 8995-A. Is the QBI reported on K-1 or Schedule C or Schedule F?

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"