DawnC
Expert Alumni

Retirement tax questions

You are only eligible to defer the taxes if you have a balance due.   So, if your return is in a refund state, meaning you do not owe income taxes for 2020, you are not eligible to defer the self-employment taxes.    If you do have a balance due, follow these steps to defer the taxes you are eligible to defer.    

 

  1. Sign in to your return and choose Pick up where I left off
  2. Click on Federal from the left menu
  3. Click on Deductions and Credits from the top menu
  4. Scroll down and click on See More Tax Breaks if you don't have the full list
  5. Look for and Review the entries under Tax Relief related to Covid-19
  6. Self-Employment (SE) tax deferral - Click on Edit

@anglosmurf

 

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