1876567
You'll need to sign in or create an account to connect with an expert.
This would not be an amendment if you have not e-filed or mailed in your returns yet. You are simply just making a change before submitting your taxes.
You can delete your election to defer your self-employment taxes from your tax return. However, the credit you may be seeing is half of your self-employment tax that is deducted from your return. TurboTax will automatically deduct half of the self-employment tax. You can confirm this by going to Preview my 1040. On Line 14, Deductible part of self-employment tax, in Part II, you will see half of your self-employment tax is deducted.
If you need help previewing your 1040, please follow these steps in TurboTax:
If the amount is not a deduction of half of your self-employment tax, please make sure to follow these steps in TurboTax to change your election:
"Employee Tax Expert LenaH"
I have this same question. My deferral amount that I want to remove is separate from the half of my self employment tax. I follow the steps given to answer No to wanting more time to pay self-employment tax, but TurboTax does not remove the deferral. When I click No, the next screen says "It looks like you're not eligible for this deferral [because I'm getting a refund]." I only get a refund when I apply the deferral, and I don't want to defer payment. Do you have other ideas on how to remove the deferral amount? Thanks.
Choosing no to the question Do you want more time to pay self-employment taxes? does not change the deferral amount to zero. Any ideas on how to fix this? I do not want to defer the self-employment taxes
I'm having the same issue and I want to have the taxes taken out now with my refund. I am trying to find where I entered the amount I made during those dates to adjust it to put them it all in the first part of the year (not the best option, but the only way I could think to adjust it) but I can't find that area.
@JamesG1 provided an excellent solution as follows :
Your self-employment income may be eligible for a portion of your self-employment tax to be deferred. See this TurboTax Help.
In TurboTax Online Self-Employed, I was able to enter a self-employment tax deferral and pass Review. Then I was able to remove self-employment tax deferral and pass Review.
Follow these steps.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
sharster123
New Member
Snoop656
New Member
Vermillionnnnn
Returning Member
in Education
Waylon182
New Member
Dan S9
Level 1