Navigating 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 Tax Credit can increase your adjusted gross income, possibly influencing your eligibility for other deductions and tax credits.The good news is, the SETC Tax Credit does not count as 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.You cannot claim the full SETC amount if you were paid wages for sick or family leave by an employer, or unemployment benefits throughout 2020 or 2021.Additionally, if you missed the initial tax return filing but wish 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.