GregS2
New Member

Get your taxes done using TurboTax

I keep getting this same error as well. However in my case my side business operated at a loss this year so my business income is negative. Obviously I can't defer anything as there's no income to defer. (I do have income from a W2, but this side hustle was at a loss). It won't let me type 0 in this box.

 

How can I fix this? (I'm using TurboTax Home & Business)

 

Sch SE-T

Line 2 =  -3,342.

Line 3 = -3,342.

Line 4C = -3,342.

Line 14 = 5640.

Line 18 = 0. (Max deferral is too Large)