@Shooshoo
The self-employment tax deferral is an optional benefit. To qualify for the benefit, you must report a dollar amount as eligible income for the period for income earned for the period of March 27, 2020 through December 31, 2020.
This is a deferral rather than forgiveness, so those amounts will eventually need to be repaid. Half of the deferred amount is due on December 31, 2021, and the other half is due on December 31, 2022.
See also this TurboTax Help.
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