The Sick and Family Leave tax credit for self-employed and 1099 workers is for eligible self-employed individuals or independent contractors.

Under the FFCRA, eligible self-employed individuals or independent contractors could claim a refundable tax credit against their income tax liability for up to 100% of the qualified sick and family leave equivalent amounts, subject to certain limitations if they were unable to work or telework due to COVID-19-related reasons.

The qualified sick leave equivalent amount was the lesser of either $511 per day or 100% of the average daily self-employment income for each day an individual was unable to work or telework because they were subject to a quarantine or isolation order, had COVID-19 symptoms and were seeking a medical diagnosis, or were caring for someone who was subject to a quarantine or isolation order or who had COVID-19 symptoms.

The qualified family leave equivalent amount was the lesser of either $200 per day or 67% of the average daily self-employment income for each day an individual was unable to work or telework because they needed to care for a child whose school or place of care was closed due to COVID-19.

To claim the tax credit, eligible self-employed individuals or independent contractors would report the qualified sick and family leave equivalent amounts on their 2019, 2020, or 2021 tax returns, depending on when their leave was taken.

Please reference the "Need help completing the application" video above.

Please reference the "What Documents are Required?" video above.

We will need to file an amendment on your tax return. We do this all the time. All we require from you is a copy of your 2019, 2020 and 2021 tax returns and a copy of your driver's license and we’ll handle the rest.

Not at all. Our website has an agreement letter that you must read, sign, and date. You will also need to upload a copy of your 2019, 2020, and 2021 tax returns and a copy of your driver’s license. That’s it. We make the process as easy and stress-free as we can for you. Once we have your tax returns, we’ll take over and get everything filed for you.

Yes. This tax credit is for self-employed individuals, small business owners, freelancers, and 1099 contractors only.

A few factors go into calculating your tax credit refund amount. The most significant factors would be:

1. Your net income from your Schedule C on your 2019, 2020, and 2021 tax returns.

2. How many days you were out sick or told to quarantine with Covid-19

3. How long you might have cared for a loved one affected by Covid-19?

4. How long were schools or daycare centers closed (and you were forced to care for a minor child during the closings)

Did you have COVID? Did you test positive for COVID? Did you go get tested? Did you have Covid-like systems?If you experienced Covid-like systems that caused you to be ineligible to go work, to make money, to provide for your family. If you couldn’t sell. Potentially to qualify for SETC.If your children’s schools were closed, if your children’s daycare was closed, if you had family that had COVID that you had to help them out and stop what you were doing, or had covid-like systems or were quarantined on top of your systems.If this enabled or limited you from making money during COVID, you are likely eligible!

Yes, here is the IRS News Release

You can receive PPP, ERC, and SETC.

As long as you received the 1099 income as a Sole Proprietor, Partnership, or Single-member LLC and it is separate from your W-2 income, you are likely eligible.

No, the SETC is Tax-Free

April 15, 2024. Apply before it is too late!

Once you click "Get Started, our simple process kicks into gear: Fill out your final pieces of information and easily upload your tax documents. We'll prepare & guide you through signing IRS Form 8879 for the amended tax returns of 2020 and/or 2021. Please note that the IRS is currently taking an average of 16 weeks to process, approve, and direct deposit your payment.

No. Upon receiving the credit, will send you an invoice for 20% of the gross amount awarded plus applicable software fee's.

Yes. In fact we highly recommend it, in order to keep everything accurately tracked for the IRS and any audit purposes.

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