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Level 2
February 2, 2021
Question

Schedule C Credit for Sick and Family Leave

  • February 2, 2021
  • 1 reply
  • 16 views

On the Schedule C line under income for "Credit for family leave and claimed on employment tax return", do we put the original amount from Form 7202 on this or the updated one? It's confusing.

I went to the credit input for Form 7202 and entered in the days missing work. The credit calculated $570. I went and put the $570 on the Schedule C Credit for Family Leave line. After I did that, form 7202 changed to $580. Do I adjust the Schedule C again? Or do I leave the Schedule C amount at $570 and Form 7202 shows $580?

Thanks for any advice.

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1 reply

Level 15
February 2, 2021

I'm not sure how the Lacerte screens work (I use ProSeries), but the credit does not go on Schedule C. It shows up on Schedule 3.

So you may want to check if you are entering it in the wrong place.

brunetteAuthor
Level 2
February 2, 2021

Thanks. After thinking about it more, that line on the Schedule C is probably if the Schedule C has payroll and claimed the family/sick leave credit on their payroll. 

I was initially thinking it goes in both places, but likely not.