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April 15, 2024
Question

Form 8995 is being erroneously to my return, how do i delete the information that is triggering form 8995?

  • April 15, 2024
  • 2 replies
  • 0 views
Form 8995 is being erroneously added/included to my return, how do i delete the information that is triggering form 8995?

2 replies

DaveF1006
April 16, 2024

It depends. Form 8995 is generated when you have Qualified Business Income (QBI) to deduct in your return. It could be from self-employment, rental property, or from a K-1. Do you have any of these income.

 

You might try deleting form 8995 by going to.

 

  • Tax tools
  • tools
  • delete a form
  • delete form 8995

if this doesn't work, then you need to try to determine the data entry point in your return where this occured.

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February 20, 2025

My trigger was from a company I had in the previous year. I had to delete it in "Business Income  and Expenses" and then the form 8995 disappeared.