How to cut a Smart Object that has Smart Filters on it?

Question

Design

The task is to get the same layer as in the 1st picture, but with a transparent background. Clicking on the Smart Object icon opens the original picture with a white background (2nd picture)
the ultimate goal is to save the png with this logo as in the 1st picture and without the background

Answer 1

1. On the original picture, remove the white background, save.
2. On the smart object, apply a mask along the outline of the logo. Save for web -> png24
Or cut out the background on the original picture and apply filters and overlays, as on smart.