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Get your taxes done using TurboTax
@Tinman123 You are deferring the payment of $1,256 of 2020 self-employment tax (1600-344).
You will be required to repay 50% of the deferred amount ($628) by December 31, 2021 and the remainder by December 31, 2022.
Deferral of employment tax deposits and payments through December 31, 2020
‎April 11, 2021
11:39 AM