Understanding SETC Limitations and RestrictionsIt’s essential to comprehend the limitations and restrictions of the SETC Tax Credit, despite its considerable benefits.For example, claiming the SETC Tax Credit can increase your adjusted gross income, potentially affecting your eligibility for other tax credits and deductions.However, the SETC Tax Credit is not considered taxable income, which means no additional tax liability will result from the credit itself.That said, there are some restrictions you should be aware of.The full SETC amount cannot be claimed if you received wages for sick or family leave from your employer, or unemployment benefits throughout 2020 or 2021.Moreover, if you did not file your initial tax return but want to claim or adjust SETC credits, you can do so by submitting an amended return within the deadlines specified for the 2020 and 2021 tax returns.