The amount shown has been calculated based on the manual entries in the program. This amount will not be included in self-employment taxes owed on the 2020 return. However, it will need to be repaid.
When does the deferred amount need to be repaid?
To be considered paid on time, 50% of the deferred amount is to be repaid by December 21, 2021 and the remaining amount must be paid back by December 31, 2022.