TaxGuyBill
Level 15

@deannas wrote:

The biggest issue now is that the software will automatically refund SE taxes deferred.  But the IRS says you cannot have those taxes refunded:https://www.irs.gov/newsroom/deferral-of-employment-tax-deposits-and-payments-through-december-31-20...

 

Yeah, I surprised the IRS has not issued more guidance in this matter.

From my perspective, I would argue that any Estimated Taxes were for INCOME tax (and maybe the non-deferred portion of SE tax).  Therefore, the taxpayer is not being "refunded" the deferred amount.

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