Understanding SETC Limitations and RestrictionsDespite the significant benefits of the SETC Tax Credit, it is crucial to understand its limitations and restrictions.For example, claiming the SETC may increase your adjusted gross income, which could impact your eligibility for other tax credits and deductions.The good news is, the SETC Tax Credit is not considered taxable income, so no extra tax liability will be generated by the credit.Nonetheless, there are some restrictions you should be aware of.You cannot claim the full SETC amount if you received wages for sick or family leave from your employer, or unemployment benefits during 2020 or 2021.Also, if you did not file your initial tax return but want to claim or adjust SETC credits, you can do so by filing an amended return within the prescribed deadlines for the 2020 and 2021 tax returns.