Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Deferral of SE tax

Just-Lisa-Now-
Level 15
Level 15

I put 0 on Line 18 of Sch SE of every SE return I had.

You could have also chosen to put zero here to opt out:

SEDEFERRAL.png

 


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
qbteachmt
Level 15

"This is your software."

This is a Peer User Community. This is not Live Chat, not Customer Support and not Tech Support. It's your software, too.

There is no requirement to defer. That is an option.

The IRS isn't adjusting 0. It's not refunding amounts if you try to defer but also already paid enough to cover that amount. It's not Refundable. That's what you stated wrong.

*******************************
"Level Up" is a gaming function, not a real life function.
0 Cheers
Mike Chaput
Level 1

the software wound not take zero !!!! I don't know how to say that differently.  NOR COULD YOU LEAVE BLANK.

I gotta bounce - I thought techs dipped into this and laid down some knowledge. 

The patch is on the way according to a ProSeries Tech Rep I spoke to today. She said tomorrow.

I guess I would have nailed it had I prepared the 58 page return by hand. Maybe next year.

GOOD LUCK

is my level going to go down to negative 1 now? shucks

0 Cheers
qbteachmt
Level 15

Did you read the Link I gave?

"I enter an amount there, but then I go to Line 12 of Schedule 3 to change the worksheet to zero."

@TaxGuyBill Kindly provided a solution. No one makes you try them, of course.

*******************************
"Level Up" is a gaming function, not a real life function.
0 Cheers
abctax55
Level 15

Rude, crude, unprofessional @Mike Chaput 

Mods notified as such behavior isn't to be tolerated.


#StandWithUkraine
Mike Chaput
Level 1

garbage software is crude rude and unprofessional

and bad for business

how many patches? what of returns already filed.

Every 2019 return I open that has already been filed long ago has active error flags for virtual currency activity.

What of the query tools to see if software garbage affected your returns?

There have been so many problems over the years with this product.  Look at your CRM data at the credits you gave me for the poor programming. Hundreds to thousands of dollars 

Twit

 

0 Cheers
qbteachmt
Level 15

I don't know who "your CRM" is directed at. Sorry.

Meanwhile...

I found your Help article:

https://proconnect.intuit.com/community/individual/help/proseries-self-employment-tax-faq-s/01/6408#...

And another Peer posted this:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/schedule-se/01/149113#M...

 

Because this Peer Community helps each other.

"Listen, the VID has been a catrastro-f$%# for the IRS, the software companies and the preparers and I regret my harsh words."

Whew; that didn't last long, then.

Play Nice on the Internet.

*******************************
"Level Up" is a gaming function, not a real life function.
Mike Chaput
Level 1

Never spoken to by an Intuit Rep like you though.

Me thinks me vote with thy wallet next year....

0 Cheers
qbteachmt
Level 15

"Never spoken to by an Intuit Rep like you though."

And you still haven't. I guess you need to look up the definition of Peer Users or Community.

*******************************
"Level Up" is a gaming function, not a real life function.
suesue1
Level 3

How will a client know about the social security deferral that will be due in 2 installments - nothing in the client letter informs them. Can't see any edit that adds that information. 

0 Cheers
sjrcpa
Level 15

IRS began sending letters this week.

Would be nice to inform your clients at the time you give them the completed return. Also would be nice if the client letter mentioned it.