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March 6, 2021
Question

Check This Entry Sch SE-T: Max deferral line 18 is too large. Max deferral line 18 I don't know what this means and I'm not sure why I am getting this error.

  • March 6, 2021
  • 1 reply
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I'm self-employed and I do not know why I am being asked this. I do not understand what this is.

1 reply

KathrynG3
March 7, 2021

Leave this cell blank.

 

The amount for Line 18 of Sch SE-T Part III is an allocation of income earned between March 27 and December 31, 2020. This is needed to properly calculate deferring 50% of self-employment taxes.

 

If the program is not accepting No, I do not wish to defer any self-employment taxes, but needs to update, 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. 

As initially indicated, to manually update your program, at the check this entry, the best solution is to enter nothing--leave the response blank. Run the review again to confirm the issue is resolved.

 

If you are still experiencing unexpected results, click this link for more solutions:

Resolving the Sch SE tax deferral adjustment.