Yes, this is regarding the fact that Covid law contains a option that allows a taxpayer to postpone paying se tax on income earned in the covid period of 3/27/20-12/31/20.
It asks you the amount of se tax that you wish to defer paying...You don't get out of it, it is just deferred. You must enter an amount to be deferred. If you do not wish to defer any, then enter $0.
If you are self-employed or a small business owner and took sick time or family leave related to COVID-19, you may be eligible for a tax credit. Self-employed taxpayers may also be able to defer a portion of their SE taxes. Explore our Self-Employment Center for critical tax information, free calculators, and other valuable resources.
For additional information refer to the following link:
SE Tax Deferral
