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March 26, 2025
Question

Qualified Business Income of Self-employment didn’t add onto form 8995

  • March 26, 2025
  • 1 reply
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The qualified business Income deduction of self employment didn’t add onto form 8995, I have two qualified business income, one is rental property, it was added to form 8995, however the other one self-employment was not added onto it, even though I selected the box it’s qualified business, and my total income was not higher than $191,950, could you please help how to get it show on 8995?

Also I tried to log off TurboTax and shut down my pc, not working.

Thank you.

1 reply

April 1, 2025

Under the Self-employment income and expenses activity, return to the section titled Qualified Business Income.

 

To be Qualified Business Income, make sure that you answer:

 

  1. All or most of this work took place within the United States.
  2. None of this work was for a former employer, and
  3. No, you do not have deductions that you'll claim elsewhere.

 

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