rjs
Level 15
Level 15

Deductions & credits

@PhilD236  You don't enter the payment in your 2022 tax return. What you deferred was part of the Social Security portion of your 2020 self-employment tax. It does not affect your 2022 tax return. You don't get an income tax credit for paying Social Security tax. The only "credit" you get for paying it is that you no longer owe it. But you don't show that on your tax return.

 

You were supposed to pay half of the deferred amount by December 31, 2021, and the remaining half by December 31, 2022.