Does the total 2020 tax due amount include the deferral amount?

Look at the actual form 1040 to confirm but it should  NOT include the taxes you deferred.

This link has the information needed for the Self Employed  - https://www.irs.gov/newsroom/how-self-employed-individuals-and-household-employers-repay-deferred-so...

How individuals can repay the deferred taxes

Individuals can pay the deferred amount any time on or before the due date. They:

• Can make payments through the Electronic Federal Tax Payment System or by credit or debit card, money order or with a check.
• Should be separate payments from other tax payments to ensure they are applied to the deferred tax balance on the tax year 2020 Form 1040 since IRS systems won't recognize the payment for deferred tax if it is with other tax payments or paid with the current Form 1040.
• Should designate the payment as "deferred Social Security tax."

Individuals making deferred Social Security tax payments in EFTPS should select 1040 US Individual Income Tax Returns and deferred Social Security tax for the type of payment. They must apply the payment to the 2020 tax year where they deferred the payment. Taxpayers can visit EFTPS.gov for details.

How to repay the deferred taxes for employers:

Employers can make the deferral payments through the Electronic Federal Tax Payment System or by credit or debit card, money order or with a check. These payments must be separate from other tax payments to ensure they applied to the deferred payroll tax balance.

https://www.irs.gov/newsroom/what-employers-need-to-know-about-repayment-of-deferred-payroll-taxes

Is deferred Self Employment tax from 2020 that I paid in 2021deductible?  If so, do I put in some expense category on my schedule C or somewhere else in Turbo Tax?

Thanks,

Gene

No. 

Critter-3 

Thanks for the terse reply.  Is there a reason that you can share why it is not deductible?

Gene

Found additional Information here:

IRS clarifies Social Security tax deferral under CARES Act (thompsoncoburn.com)

Key takeaway from reading this article:

Instead, when a taxpayer pays the deferred employer portion of any Social Security taxes or the deferred employer portion of any self-employment taxes attributable to Social Security in 2021 and 2022 to the United States Department of the Treasury,

the taxpayer will generally be entitled to a deduction in such taxable year.

Gene

Longer answer ... you already deducted it on the 2020 return ... review the form 1040, Sch 2 & 3 and SE

My answer was for a SE person filing a Sch C with no employees.  

So...

What you are telling me is that I actually received the deduction on my 2020 return and simply deferred the payment out to 2021 and 2022.

Thanks,

Gene

Yep.