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posted Mar 3, 2021 8:47:17 AM

Form 1040 Worksheet sch. 3 Deferral for Schedule SE filers line 11 is telling me its too large even though it has 0 in it, it won't accept negative number, what do i do?

line 10 shows -2625, but it won't let me change that to 0.

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1 Replies
Expert Alumni
Mar 7, 2021 9:57:47 AM

Form 1040 Worksheet Schedule 3 Deferral for Schedule SE filers Line 11 refers to an allocation of income earned between March 27 and December 31, 2020.

 

At the check this entry, enter nothing--leave the response blank. Run the review again to confirm the issue is resolved.

 

The entry is needed to properly calculate deferring 50% of self-employment taxes.

 

By entering nothing and leaving the cell blank, this is effectively declining the option to defer any self-employment taxes, and will update the system.

 

It may be from the following scenario:

  • While the return was in a balance due, the tax return was eligible for the Cares Act self-employment tax deferral option. This section was completed.
  • However, as more details were entered and the results changed to a refund, the SE tax deferral option was no longer available.  

However, if you are still experiencing unexpected results after trying to leave the cell blank, click this link for more solutions:

Resolving the Sch SE tax deferral adjustment.