rbynaker
Level 14
02-02-2021
11:33 AM
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PFL in box 14 is not a tax at all. It's the amount of COVID wages paid. Unless your client is also self-employed it has no bearing on the return. If your client is self-employed it will go on Form 7202 line 15 or line 16 and affect the calculation for the self-employed amount of the credit.
Edit: Phoebe had a better crystal ball than I did. 🙂