Understanding SETC Limitations and RestrictionsUnderstanding the limitations and restrictions of the SETC Tax Credit is vital, even with its substantial advantages.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 is not treated as taxable income, so no extra tax liability will be generated by the credit.Nonetheless, there are some restrictions to keep in mind.The full SETC amount cannot be claimed if you received wages for sick or family leave from your employer, or unemployment benefits in 2020 or 2021.Additionally, 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.