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Business & farm
Correct, if you are filing a Schedule C then you need the self-employed version. However due to COVID there is a deferral to SE and some customers are seeing an issue while trying to prepare their returns. This could be because of the way a question combination was answered or something on the return. The software tries to add the form if the election to defer self-employment taxes was made on federal input screens. To remove the error, you should cancel your election to defer taxes. Here's how to do it:
Open your return.
- Click Federal on the left hand side.
- Click Deductions and Credits on the top of the page.
- On the page Tax Breaks, scroll down until you see Tax relief related to Covid-19.
- Click Revisit next to Self-employment tax deferral.
- Answer no to the question Do you want more time to pay self-employment taxes?
@AmeliesUncle
‎February 25, 2021
3:55 PM