Sch SE-S Max Deferral

[pg1917]

I get a prompt to "Check this Entry" and it says "Sch SE-S Max deferral line 18 must be entered."

What do I enter? If I don't want to defer anything - can I put zero?

[KathrynG3]

Yes, enter 0 or leave the cell blank when prompted to defer self-employment tax.

Run the review again.

If this does not clear the error, try:

1. Delete the Sch SE that applies--(Sch SE-T is for Taxpayer, Sch SE-S for Spouse)--by following these steps:
   1. From the left menu, select Tax Tools.
   2. Select Tools.
   3. Scroll to Delete a Form.
   4. Scroll to Sch SE-T and/or Sch SE-S and select Delete.
2. Return to the self-employment income & expenses interview in the Income & Expenses section and select Edit/Add.
   1. Select Edit for your business.
   2. Scroll down to Done so that the Sch SE is recalculated. 
   3. Finish any other questions in the self-employment interview and click Continue.
3. Review the return again.

Otherwise, click this link for more information: 

• TurboTax Online: Workaround for Sch SE-T error for deferring Self-Employment Taxes. 
• TurboTax CD/Download: Workaround for Sch SE-T error for deferring Self-Employment Taxes.

This process should trigger the currently missing screens to repopulate so that the data can be entered.

For TurboTax Online, use a PC with Windows 10 and a Chrome incognito Browser. If you have not closed out completely and closed the browser window, the program will not fully update. You may already have done what is needed and just need to close and re-open the account.

For TurboTax CD/Download, check for updates, close and re-open the program before proceeding. 

[pg1917]

Thank you.