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What is the Self-Employment Tax Credit (SETC)?

Congress passed the SETC (aka FFCRA) in the CARES act in 2020, making self-employed individuals entitled to receive up to $32,220 if they experienced any of the following during 2020 or 2021 related to the pandemic:

  • Illness
  • Quarantine
  • COVID-19 symptoms
  • Testing
  • Being forced to miss work because of your child’s school or daycare closures
  • Caregiving responsibilities for your child or a loved one

FIND OUT YOUR ELIGIBILITY AND REFUND AMOUNT WITHIN 24-48 HOURS.

Eligibility is based on how you filed your taxes, profit, and days missed due to Covid.

The Credit availability expires April 15. 2025

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Spocket allows you to easily start dropshipping top products from US and EU suppliers. Get started for free and see why Spocket consistently gets 5 stars.

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