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January 19, 2022
Question

Why is a 8995 form showing needed, I don't have a business?

  • January 19, 2022
  • 1 reply
  • 0 views
says I can't file until the 8995 form is ready I don't have a business

1 reply

January 19, 2022

You need Form 8995-A, Qualified Business Income Deduction if:

 

  • You have a business,
  • K-1 form,
  • Rental activity or
  • Real estate Investment trust  REIT dividend.

For more information please check What is the Qualified Business Income (QBI) deduction?

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