You may very well have a negative number but a negative self-employment income will not generate a self-employment tax. The purpose of this feature of the tax code is to defer self-employment tax owed.
The self-employment tax deferral is an optional benefit. It is also 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.
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